Zurich Airport Ltd. in the first half of 2024: higher demand across all business segments.
Demand for air travel is strong, passenger numbers are continuing to recover. Real estate and commercial business at Zurich Airport also continued to grow. Against this backdrop, Zurich Airport Ltd. achieved a consolidated result of CHF 151.8 million in the first half of 2024, posting the best half-year result to date in its history.
Total revenue amounted to CHF 631.1 million in the first half of 2024 (+9% compared with 2023). This corresponds to 107% of the 2019 figure. Aviation revenue rose by 13% over the prior-year period to CHF 313.5 million. Non-aviation revenue increased by 7% to CHF 317.6 million. Operating expenses climbed by 12% over the prior-year period to CHF 284.4 million.
Earnings before interest, tax, depreciation and amortisation (EBITDA) rose by 7% over the prior-year period to CHF 346.8 million. Compared with the first half of 2019, EBITDA was up by 14%. This led to a positive consolidated result of CHF 151.8 million (H1 2023: CHF 138.1 million), equivalent to 106% of the best half-year result to date achieved in 2019 (H1 2019: CHF 143.4 million).
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