2011 press briefing on annual results: Airport company generates €531 million for BER
24.04.12 10:10Outpaces the market for the ninth consecutive year
2011 business results on target
Sales revenues (in €m)
2011 |
2010 |
Change |
|
Aviation |
178,0 |
168,2 |
9,8 |
Non Aviation |
47,0 |
43,8 |
3,2 |
Real Estate |
29,3 |
27,4 |
1,8 |
Construction Services* |
1,4 |
- |
1,4 |
Services |
3,0 |
3,2 |
-0,2 |
Other |
4,6 |
4,3 |
0,3 |
Total |
263,2 |
246,9 |
16,3 |
* Construction Services in 2010: excl. a one-time special item of €260 m
10-year comparison
Traffic figures at the Berlin airports Tegel and Schönefeld doubled between 2002 and 2011. While 12.2 million passengers were recorded at the Berlin airports in 2002, the 24 million mark was exceeded for the first time in 2011 with 24,033,456 million passengers.
Of all the airlines, airberlin recorded the strongest growth over the last 10 years. While just one million passengers flew to and from Berlin with Germany's second-biggest airline in 2002, passenger numbers last year reached the 7.9 million mark. The Lufthansa Group has also been able to increase passenger numbers in Berlin over the past 10 years, from 4.3 million in 2002 to 5 million in 2011. easyJet also recorded particularly strong growth. The British airline has been operating flights to and from Berlin-Schönefeld since 2004 and was able to increase its market share in Berlin to 3.5 million passengers in 2011.
This positive development in passenger numbers is also reflected in the airport company's business results for the past 10 years: in 2002, the company had sales revenues amounting to €174 million. By 2011, this figure had risen to €263 million. The management has made the company more profitable and more market-oriented. This is evident from the increase in EBITDA (from €38 million in 2002 to €86 million in 2012) and the increase in the EBITDA margin (from 22 per cent in 2002 to 33 per cent in 2012). As a result, with €531 million, the company has clearly exceeded its predefined goal of generating €440 million in internal financing for the new BER Airport