Continued strong passenger growth produces record year

The number of passengers who flew to or from Swedavia's airports increased six per cent in 2017 to 41.9 million passengers. The company's focus remains on investments to enhance capacity and on sustainable work to meet the increased demand for air capacity.

In 2017, nearly 42 million passengers flew to or from one of Swedavia's airports, an increase of six per cent compared to the previous year. Continuous strong passenger growth helped set records at seven of Swedavia's airports. The biggest increases were noted at Stockholm Arlanda Airport, Kiruna Airport, Åre Östersund Airport, Visby Airport and Göteborg Landvetter Airport. Overall, international travel was up eight per cent and domestic travel was up two per cent compared to the previous year.

Swedavia works continuously to make operations more efficient and embrace technological advances while the company works with great focus towards its target of zero tonnes of fossil carbon dioxide in its own operations by 2020. Swedavia wants to be a driving force on sustainability issues associated with the air travel industry in general since sustainable operations with a focus on customer satisfaction, innovation and digitisation create the right conditions for the future.

Consolidated net revenue for the year increased SEK 199 M to SEK 5,745 M (5,546), largely as a result of the passenger increase. Operating profit totalled SEK 651 M (966). Operating profit for the year was negatively affected by SEK 160 M attributable to impairment losses and disposals. Operating profit in 2016 was affected by capital gains of SEK 241 M attributable to the disposal of Säve Airport and the sale of a hotel. Excluding items that affect comparability, operating profit was SEK 811 M (799), an improvement compared to the previous year.

"It is gratifying that, despite capacity challenges, we managed to handle more passengers during the year than ever. Meanwhile, we are working full out building the airports of the future, which provide the foundation for sustainable growth for Sweden. This is possible thanks to engaged employees and good collaboration between customers and partners," says Jonas Abrahamsson, president and CEO of Swedavia.

Many large-scale projects to develop the airports of the future have entered an increasingly intensive implementation phase, and a number of projects have been completed. During the fourth quarter, Swedavia had capital spending of SEK 1,281 M (841), and for the full-year 2017, investments totalled SEK 3,866 M (2,138). The large amount of capital spending during the year is an effect of the efforts Swedavia has made to accelerate the pace of development programmes at its big airports. This work has been carried out while at the same time we have managed to handle the large passenger increase.

The Board of Directors proposes a dividend of SEK 122 M (143), in accordance with the company's dividend policy.

February 14, 2018

For further information, please contact Ulrika Fager, head of external relations, Swedavia tel. 010- 10 90 100

This is information that Swedavia AB (publ) is required to disclose under the EU Market Abuse Regulation and the Securities Market Act. The information was provided by the contact person above for publication on February 14, 2018, at 5:00 p.m. CET.

The Swedavia Group owns, operates and develops ten airports across Sweden. Our role is to create the access Sweden needs to facilitate travel, business and meetings. Safe, satisfied passengers are the foundation of Swedavia's business. Swedavia is a world leader in developing airports with the least possible environmental impact. The Group has annual revenue of more than 5.7 billion Swedish kronor and some 3,100 employees.

Kraftsamling för ett tillgängligt Sverige

Swedavia fortsätter arbetet för att säkra svensk tillgänglighet, både inom Sverige och till och från resten av världen. Under årets första halvår reste 20,5 miljoner passagerare till och från flygplatserna, en ökning med en procent jämfört med föregående år.


Mobilising resources for an accessible Sweden

Swedavia continues to work to ensure Swedish access, both within the country and to and from the rest of the world. During the first six months of 2018, 20.5 million passengers flew to or from the company's airports, a one per cent increase compared to the same period last year.


Swedavia säljer kommande hotellfastighet på Göteborg Landvetter Airport till Midstar

Swedavia säljer fastigheten på Göteborg Landvetter Airport där det kommande hotellet är under uppförande till Midstar Fastigheter AB. Hotellet, som planeras stå klart att tas i bruk vid årsskiftet 2020/2021, är beläget i direkt anslutning till flygplatsterminalen. Hotellet omfattar 222 rum, konferensavdelning, restaurang samt en gym- och relaxavdelning fördelat på cirka 10 000 kvm och 7 våningar. Överlåtelsen sker i linje med Swedavias fastslagna strategi att skapa och realisera värden för återinvesteringar i flygplatsernas konkurrenskraft.


Swedavia to sell future hotel property at Göteborg Landvetter Airport to Midstar

Swedavia is selling the property at Göteborg Landvetter Airport on which a hotel is now under construction to Midstar Fastigheter AB. The hotel, which is expected to open in late 2020/early 2021, is located immediately adjacent to the airport terminal. The hotel, with about 10,000 m 2 of space over seven storeys, will have 222 rooms, conference facilities, a restaurant, a gym and relaxation facilities. The sale is in line with Swedavia's adopted strategy to create and deliver value in order to reinvest in the competitiveness of the company's airports.


Fortsatt fokus på hållbar utveckling

Under årets första kvartal reste 9 274 000 passagerare vid Swedavias flygplatser. Jämfört med föregående år är det en ökning med två procent, vilket innebär en lägre tillväxttakt. Diskussionen om flygets klimatpåverkan har intensifierats och Swedavia fortsätter arbetet för en hållbar framtid och utvecklingen av världens mest klimatsmarta flygplatser.


Continued focus on sustainable development

During the first quarter of the year, 9,274,000 passengers flew to or from Swedavia's airports. Compared to last year, that is a two per cent increase, which means a slower rate of growth. The discussion about the climate impact of air travel has intensified, and Swedavia continues its work for a sustainable future and the development of the world's most climate-smart airports.


Swedavias års- och hållbarhetsredovisning för 2017

Swedavias års- och hållbarhetsredovisning för 2017 publiceras idag på https://www.swedavia.se/om-swedavia/finansiell-information/.


Kallelse till årsstämma i Swedavia

Härmed kallas till årsstämma i Swedavia AB, org.nr 556797-0818

Tid: Torsdagen den 26 april 2018, kl. 14.00

Plats: Stockholm Arlanda Airport, Clarion Hotel, Tornvägen 2,
Lokal: Los Angeles, plan 2


Fortsatt stark passagerartillväxt gav rekordår

Antalet passagerare som flög till eller från Swedavias flygplatser ökade med sex procent under 2017, till 41,9 miljoner passagerare. Kapacitetsstärkande investeringar och hållbart arbete är fortsatt i fokus för att möta den ökade efterfrågan på flygkapacitet.


Continued strong passenger growth produces record year

The number of passengers who flew to or from Swedavia's airports increased six per cent in 2017 to 41.9 million passengers. The company's focus remains on investments to enhance capacity and on sustainable work to meet the increased demand for air capacity.


Johan Bill blir ny chef för Swedavias nya organisation Stora Projekt

Swedavia har rekryterat Johan Bill som Direktör för den nya organisationen Stora Projekt. 


Johan Bill to head Swedavia's new Major Projects unit

Swedavia has hired Johan Bill to be the director of its new organisation called Major Projects.


Swedavia utökar låneramen för sitt obligationsprogram

Swedavia har erhållit Finansinspektionens godkännande att utöka låneramen för sitt obligationsprogram, Medium Term Notes (MTN), som etablerades 2012. Programmets ram utökas från 5 till 15 miljarder SEK. I samband med detta publicerar Swedavia ett tilläggsprospekt på sin hemsida, daterat 24 januari 2018, som uppdaterar och kompletterar MTN-programmets grundprospekt, daterat 26 april 2017.


Swedavia säkerställer finansiering genom Nordiska investeringsbanken

Swedavia och Nordiska investeringsbanken (NIB) har undertecknat ett låneavtal på två miljarder svenska kronor (201 miljoner euro) för byggandet av en ny pir på Stockholm Arlanda Airport.


Swedavia secures financing by Nordic Investment Bank

Swedavia secures financing by Nordic Investment Bank Swedavia and the Nordic Investment Bank have signed a loan agreement of SEK 2 billion (EUR 201 million) for the construction of a new pier at Stockholm Arlanda Airport.


Förändringar i Swedavias koncernledning

Peder Grunditz blir ny flygplatsdirektör på Stockholm Arlanda Airport. Peder kommer närmast från rollen som flygplatsdirektör för Bromma Stockholm Airport och har även varit chef för Swedavias regionala flygplatser. Peder tillträder tjänsten den 1 mars 2018.


Changes in Swedavia's Group management

Peder Grunditz is to become the new Airport Director at Stockholm Arlanda Airport. Mr Grunditz has worked most recently as Airport Director at Bromma Stockholm Airport and was also Director of Swedavia's Regional Airports unit. He will assume the position on March 1, 2018.


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