FMG hails ‘very satisfactory’ financial performance

Munich Airport operator FMG announced record preliminary net annual profits of EUR155 million (USD191 million) in 2017, driven by a 5.5% increase in passenger traffic to 44.6 million.

Revenues increased by 7.8% to EUR1.47 billion but operating cash flow fell by 28% due to higher tax payments in 2017 and liabilities in connection with construction of the Terminal 2 Satellite.

"All the signs point to a continuation of our very satisfactory performance, so that we fully expect to report earnings at around the same level for 2018,” President and CEO Michael Kerkloh said on 11 April.

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RELEVANT PROFILE LISTINGS

HORTA

HOR/LPHR AIRFIELD REF PT.: N38 31.19 W028 42.95 ELEVATION : 118' 36m CFR : 6 MAX RWY LENGTH : 5,233' 1,595m General Information SURFACE : Rwy 10/28, 5,233' 1,595 m, width 148' 45 m, asphalt. ADDITIONAL RUNWAYS : None. RUNWAY LIGHTING : Rwy 10: LIRL, REIL, ALSF-2, PAPI.Rwy 28: LIRL, REIL, ALSF-2,

PICO

PIX/LPPI AIRFIELD REF PT.: N38 33.16 W028 26.29 ELEVATION : 109' 33m CFR : 0 MAX RWY LENGTH : 5,725' 1,745m General Information SURFACE : Rwy 09/27 Twy, 5,725' 1,745 m, width 148' 45 m, asphalt, PCN 80 F/B/W/T. ADDITIONAL RUNWAYS : None. RUNWAY LIGHTING : Rwy 09: LIRL, PAPI.Rwy 27: LIRL, ALSF-2,

SANTA MARIA

SMA/LPAZ AIRFIELD REF PT.: N36 58.28 W025 10.24 ELEVATION : 308' 94m CFR : 7 MAX RWY LENGTH : 10,000' 3,048m General Information SURFACE : Rwy 18/36, 10,000' 3,048 m, width 197' 60 m, concrete. ADDITIONAL RUNWAYS : Rwy 15/33, 6,004' 1,830 m; Rwy 04/22, 4,345' 1,324 m; both asphalt; both closed.

DEL BAJIO INTL

BJX/MMLO AIRFIELD REF PT.: N20 59.36 W101 28.51 CFR : 0 MAX RWY LENGTH : 11,480' 3,499 m General Information SURFACE : Rwy 13/31, 11,480' 3,499 m, width 148' 45 m, asphalt, PCN 74 F/C/X/T. AIRFIELD OPERATOR : Grupo Aeroportuario del Pacifico, Km 5.5 Carretera Silao-Leon 0, Col. New Mexico Silao,

HEWANORRA INTL

UVF/TLPL AIRFIELD REF PT.: N13 43.99 W060 57.16 ELEVATION : 14' 4m CFR : 8 MAX RWY LENGTH : 9,000' 2,743m General Information SURFACE : Rwy 10/28, 9,000' 2,743 m, width 148' 45 m, asphalt. RUNWAY LIGHTING : Rwy 10: MIRL, single row CL, PAPI.Rwy 28: MIRL, PAPI. NAVIGATION AIDS : VOR/DME

FMG hails ‘very satisfactory’ financial performance

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RELEVANT PROFILE LISTINGS