March 23, 2016
Strong growth in passenger traffic and the continuing boom in airfreight lifted Munich Airport to yet another very successful year in 2015. The airport once again posted a year-on-year increase in Group sales, which rose to approximately 1.25 billion euros. Based on preliminary figures, the FMG Group achieved total earnings after taxes (EAT) of 135 million euros.
At this year's annual press conference, Dr. Michael Kerkloh, the President and CEO of Munich Airport, noted that it is not only FMG, the airport operating company, that benefits from this success: "This is the best result in the history of our company. It is also very good news for the neighboring communities. They are going to receive about 35 million euros in business taxes for 2015 – 7 million euros more than in 2014." Moreover, there was a 10 million euro increase in EBITDA – operating earnings before interest, taxes, depreciation and amortization – to 490 million euros. Cash flow also improved by 34 million euros to a total of 460 million euros.
A total of 41 million travellers – more than ever before – used Munich Airport as a starting point, destination or stopover in 2015. This represented an increase of 1.3 million passengers, or 3.2 percent, as compared with the previous year. A big reason for this was the further expansion of the attractive route network: The number of airlines offering scheduled services in Munich increased from 91 to 97. At the same time, seven new destinations were added, bringing the total to 247, and flights were available to 70 different countries – two more than in 2014.