A record year for Aena
Aena, the main airport manager in Spain, has closed the year 2023 with the best result in its history. The company has achieved profits of 1,630.8 million euros, an increase of 80.9% compared to the previous year. In addition, this figure represents an increase of 13% compared to 2019, when earnings were 1,442 million euros.
Aena has achieved these excellent results thanks to a combination of factors. First, it has increased its revenue by 21.3%, reaching €5,141.8 million in 2023. Aeronautical revenue has grown by 18.5% over the previous year, while commercial revenue have experienced a growth of 25.2%.
Reduction of expenses and improvement of passenger traffic
On the other hand, Aena has managed to reduce its electricity costs in Spain by 45.2% by 2023. In addition, it has increased operating costs in its Spanish airport network by 16%, in a context of growth in airport activity.
In terms of passenger traffic, Aena has recorded an increase of 16.2% in Spain, with a total of 283.2 million passengers in 2023. At group level, which includes the airports of London-Luton and North- east of Brazil, growth was 16%, with a total of 314.1 million passengers.
Dividends and financial situation
Aena has announced that it will propose to the Ordinary General Meeting of Shareholders the distribution of a dividend of 7.66 gross euros per share charged to the results of the financial year 2023. This will benefit both private and public shareholders. In the previous financial year, the remuneration to shareholders was 4.75 euros gross per share.
Regarding the financial situation, Aena’s ebitda has increased by 45.4% compared to the previous year, reaching 3,022.6 million euros in 2023. In addition, the group’s financial debt has has reduced to 6,222 million euros, with a ratio of net financial debt over ebitda of 2.06 times.
conclusion
Aena has proven to be a successful company in the airport sector, with record results in 2023. Thanks to an increase in revenue, a reduction in expenses and an increase in passenger traffic, the company has achieved significant profits. In addition, its financial situation is solid, with a growing ebitda and a reduction in debt. Aena is consolidating itself as one of the main airport managers worldwide.
