|FMG Group financial results FMG-Konzern|
(in Millionen Euro)
|Earnings before interest, taxes depreciation and amortization (EBITDA)||490||479|
|Depreciation and amortization||215||212|
|Earnings before interest and taxes (EBIT)||275||267|
|EBITDA margin (%)||39||40|
|Operating cash flow||460||430|
|40,981,522||39,700,515||+ 3.2 %|
|379,911||376,678||+ 0.9 %|
|Cargo (in tons)|
|Airfreight and airmail||336,162||309,361 t||+ 8.7 %|
|Thereof airfreight turnover||317,387||291,475 t||+ 8.9%|
Munich Airport and Meridiam, jointly with STRABAG, have been awarded with the Sofia Airport Concession by decision of the Minister of Transport Information Technology and Communications. As of today, the project has now entered a new phase and our group is actively working and fully mobilized for the future of Sofia Airport, in a long-term partnership with the Ministry of Transport.
Leading global airport operator to manage new 2.7 billion dollars Terminal One at Newark Liberty. Munich Airport International expands activities in the USA. Agreement with Munich Airport International a major milestone in development of new world-class terminal In a major step forward in the development of a new world-class airport, the Port Authority has reached agreement with EWR Terminal One LLC, a 100 percent subsidiary of Munich Airport International GmbH (MAI), to operate and maintain the 2.7 billion dollars Terminal One now under construction at Newark Liberty International Airport (EWR).
Double-digit growth on intercontinental routes to and from Munich. Munich Airport posted significant gains in passenger numbers in the first six months of the 2019 operating year. The latest figures, presented today at the Munich Press Club by Dr. Michael Kerkloh, the President and CEO of Munich Airport, reveal that the airport set a new half-year record of 22.7 million passengers – an increase of approximately 5 percent as compared to the first six months of 2018. The number of take-offs and landings was also higher, increasing by almost 3 percent to around 205,000 aircraft movements in total. In the cargo segment, which is experiencing a slowdown throughout Europe, the total volume handled in the first half of the year amounted to around 162,000 tons. This represents a year-on-year decline of nearly 6 percent.
Munich Airport and bayern design present smart solutions to make life easier in the future - from refrigerators that think for themselves to intelligent street lighting. Munich Airport's Terminal 2 is hosting a new exhibition by bayern design, the center of competence for design in the State of Bavaria.
Munich Airport's latest integrated report, entitled "Shaping the Future", is now available in an interactive online version. The report on the 2018 fiscal year focuses on the financial results and traffic statistics as well as the airport's extensive sustainability efforts. It also contains a major chapter on the airport's expansion plans, where the biggest project at present is the construction of a new pier for Terminal 1. Extending 320 meters into the airport's western apron, the new pier will have 12 bridged gates. It is scheduled to go into operation in 2023