Aena earns €808.6 million in first half of 2024
Aena, the company that manages airports in Spain and other countries, recorded a net profit in the first half of 2024 of €808.6 million, compared to €607.7 million in the same period last year.
Between January and June 2024, Aena obtained a gross operating profit (EBITDA(1)) of €1,555.3 million, with a margin of 56.6%. This figure represents an increase of 32.9% compared to 2023 (1,170.3 million). The consolidation of the 11 airports of the Eleven Brazilian Airports Block (BOAB), managed by Aena Brasil, contributes €91.1 million to revenues and €50.4 million to EBITDA.
The investment paid between January and June 2024 amounted to EUR 462 million and focused mainly on improving airport facilities and operational safety.
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Passenger traffic of the Aena Group (Spain, London-Luton and Aena Brazil airports) grew to 172.7 million (10.5% more than in the first half of 2023). At the airports in Spain, the increase was 11.4% (to 144.2 million passengers).
Total consolidated revenues for the first half of 2024 increased to EUR 2,746.4 million, an increase of 17.7% compared with the first six months of the previous year.
Aeronautical revenues were €1,483.5 million, up 16.2% on 2023. Commercial revenues, supported by a growth in sales from commercial activities, amounted to €841.4 million, up 17.6% compared to the first half of 2023.
The Aena Group’s consolidated accounting net financial debt(2) stood at €6,453 million, compared to €6,222 million in 2023, with the consolidated group’s net financial debt to EBITDA ratio being 1.89 times.
Net cash generated by operating activities amounted to €1,401.4 million compared to €1,048.5 million in the first half of 2023.
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