Positive Financial Results for the Year 2017

2017 was a positive year for Athens International Airport in terms of passenger growth, reaching 21.74 million passengers, exceeding prior year levels by 1.7 million, an increase of 8.6%. This outcome was mainly driven by a strong growth of the international market (+1.5 million or +12%), whereas the domestic market presented a slow rise of 2% impacted by capacity reductions mainly in the winter period.

The Year 2017 was successful also in terms of financial performance. Growth in operating performance more than offsets the increase in the cost base due to the increased traffic and other financial obligations of the Airport Company resulting from the Airport Development Agreement (ADA). In 2017 AIA recorded Profit before Tax (PBT) of €199.8 million. In view of the expected high financial obligations of the Airport Company upon effectiveness of the Concession Extension Agreement, no dividend distribution has been decided by the Annual General Meeting of the Shareholders.