Hamburg Airport Closes Financial Year With Profit

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Hamburg Airport has announced it ended the 2015 financial year on a positive note, achieving a profit of 46 million euros, up from 40.2 million in 2014. Turnover for the year was 288.1 million euros (2014: 271.3 million). A total of 15.61 million passengers used Hamburg Airport in 2015, up from 14.76 million in the previous year, representing growth of 5.8% and a new passenger record for the airport.
Michael Eggenschwiler, CEO of Hamburg Airport commented: “For Hamburg Airport, 2015 was an eventful year with gratifying commercial success. The airport’s entire workforce has achieved a great deal, and I am proud of the team spirit and commitment of our employees. Together, we have achieved a new passenger record and a strong result, at the same time further enhancing the service for our passengers with innovative ideas. We have also seen how important the airport is for the economic development of Hamburg. This will not change in 2016, as we offer a continually growing selection of airlines with various price and comfort models. We expect growth of around two percent for the current year.”
The airport’s total project investment amounted to 50.7 million euros in 2015, down 2.1%. Its largest investment projects were the construction of the replacement Air Cargo Centre and preparatory work for the comprehensive renewal of Apron 1. The airport says these investments resulted in a 7.4% increase in the balance sheet total to 500.8 million euros, up from 466.2 million in 2014.