Flughafen Wien AG: Strong Q3 Performance with "Hold" Rating Maintained

Flughafen Wien AG, evaluated by NuWays AG, is set to release its Q3 results on November 14. The company is projected to achieve record-breaking revenues and profits, driven by robust passenger traffic and increased airport charges. Sales are expected to hit €306 million, marking a 13% increase from the previous year, while airport charges rose by 9.7%. EBITDA is predicted to rise by 3% to €160 million, although the EBITDA margin may decline due to increased operational expenses.

The company's free cash flow is anticipated at €42 million, thanks to a high cash flow from operations and ongoing capital expenditures primarily focused on Terminal 3 expansion. Despite these positive developments, NuWays AG maintains a "Hold" rating for Flughafen Wien AG, citing its fair valuation with a target price of €61.00.