Aena is moving away from losses and found a net profit of 901.5 million euros in 2022 compared to losses of 475.4 million in 2021, after 243,681,775 passengers transited through the airports in its network in Spain, which which represents a recovery of 88.5% of passenger traffic compared to 2019, the last year without the impact of the Covid-19 pandemic.
In a communication to the National Securities Market Commission (CNMV), the Spanish airport management company reported this Tuesday that, compared to 2021, growth is more than 100% (+103.1%), with a National traffic increased by 58.2%, while international traffic increased by 138.4%. If the data from Luton Airport (London) and the six Aena Brasil airports are included, the number of passengers amounts to 270.7 million (+98.5% compared to 2021), which is equivalent to a recovery of 88 .1% of 2019 traffic.
Given the evolution of these passenger data from Spanish airports in recent months and after analyzing the economic situation, Aena has revised its estimate of passenger traffic upwards for 2023 to a range of between 94 and February 1 of 2019, compared to the initial forecast of between 87 and 97%. He estimates that the central scenario is the most statistically probable, with a recovery of 99% compared to 2019.
Aena announces in its statement that it will propose to the Ordinary General Shareholders’ Meeting, to be held on April 20, the distribution of a gross dividend of 4.75 euros per share charged to the results of the financial year 2022, which will benefit both its private and public shareholders (the State owns 51% of the company).
add that the total consolidated income for 2022 stands at 4,237.5 million euros, 69.3% more than in 2021; and aeronautical revenues were 2,418 million euros, 81.5% more than in 2021. They amounted to 1,243.8 million euros, with an increase of 37.5%.
The gross operating result (EBITDA(1)) in 2022 was 2,078.9 million euros, 2,185.4% more than in 2021 (91 million). During 2022, there was an increase in net cash generated by operating activities of 564.3%, up to 1,863.2 million euros, compared to 280.5 million euros in 2021.
The consolidated accounting net financial debt of the Aena Group was reduced to 6,242.9 million euros 7,446.3 million at the end of 2021, reducing the ratio of net financial debt to EBITDA of the consolidated group to 3.00 times, compared to 11.55 times as of December 31, 2021 (81.86 times with restated figures).
As of December 31, 2022, the Group had cash and import credit facilities of 3,779.3 million euros, to which is added the possibility of making issues through the Euro Commercial Paper (ECP) program of up to 900 million euros, which at the end of the year were fully available, it adds in its statement.
Aena highlights that it has managed to get out of the pandemic without neglecting the essential commitment to the environment, for which it has once again obtained the highest rating awarded by the Carbon Disclosure Project (CDP) and has been recognized by Sustainalytics as the best company on the IBEX 35 for its environmental and social behavior and its governance. It has also guaranteed smooth operation at its airports at all times, which has earned it the award for the best airport group in the world for its excellence in pandemic management (Skytrax Awards). EFECOM
