Swedavia's interim report for January-March 2019: Stable profit and a focus on more effective solutions

Swedavia's first quarter of 2019 was characterised by continued work to ensure the company's long-term competitiveness and achieve the target of having its own operations be fossil-free by 2020. Swedavia also continues to work for the transformation that the air transport industry needs to be fossil-free by 2045, with further investments in bio jet fuel.

The number of passengers at Swedavia's ten airports decreased 4.2 per cent during the first quarter of the year to 8.9 million compared to the same period last year. The trend has reversed after numerous years of good growth. Meanwhile, access further improved during the quarter, with the establishment of new airlines and some twenty new routes announced so far this year.

"Swedavia's objective remains clear. We shall be a leader in sustainability and ensure access in Sweden and to the rest of the world. At the same time, we shall continue to be a role model in running and developing sustainable airports, with smooth, effective solutions for our passengers," says Jonas Abrahamsson, Swedavia's president and chief executive officer.

Swedavia reported revenue of nearly 1.5 billion Swedish kronor (1.4) and operating profit of 70 million kronor (58) for the quarter. Increased revenue from airport operations and lower external operating costs had a positive effect, while depreciation, amortisation and staff expenses had a negative effect.

"Since the autumn of 2018, we have been working to make our methods more effective, be more cost-effective and gradually fine-tune our process-oriented approach to create better collaboration, both within the organisation and with our customers," Jonas Abrahamsson notes.

For a number of years, Swedavia has been carrying out extensive development and investment programmes, in line with its mission to ensure access, which is crucial to Sweden's competitiveness and economic growth. The programmes are proceeding according to plan, and during the quarter the new airport maintenance area at Stockholm Arlanda Airport was inaugurated.

"Capacity at our airports has been really strained for many years, so for many years we have been carrying out extensive investment programmes in order to meet these needs," adds Jonas Abrahamsson.

Swedavia has the objective of running operations with as little impact on the climate as possible. Among other things, this means that all of its airports' own operations shall be fossil-free by 2020. So far, Visby Airport, Ronneby Airport and Luleå Airport have achieved this target.

"This year and next year, the seven other airports will also achieve this target. Since the summer of 2018, we have therefore added another sustainability target and are working so that the share of renewable jet fuel used at Swedish airports will be five per cent by 2025 at the latest, in line with international agreements on climate change," says Jonas Abrahamsson.

The full interim report is available on Swedavia's website: Swedavia - financial information

April 17, 2019

For further information and for interview requests, please contact Robert Pletzin, press officer, Swedavia, +46 (0)10-10 90 100

Swedavia AB (publ) is required to disclose the information in this interim report under the EU Market Abuse Regulation and the Securities Market Act. The information was provided by the contact person above for publication on April 17, 2019, at 5:00 p.m. CET.

Swedavias halvårsrapport 2019: Stabilt resultat - satsningar på tillgänglighet och klimatomställning

Under januari-juni reste närmare 20 miljoner passagerare vid Swedavias flygplatser. Swedavias nettoomsättning och rörelseresultat förbättras till närmare 3,1 miljarder kronor respektive 348 miljoner kronor. Swedavias satsningar på att utveckla flygplatsernas tillgänglighet och flygets klimatomställning fortsätter.


Swedavia's six-month report 2019: Stable results - investments in access and measures to combat climate change

During the period January-June, nearly 20 million passengers flew to or from Swedavia's airports. Swedavia's net revenue and operating profit improved to nearly 3.1 billion Swedish kronor and 348 million kronor, respectively. Swedavia's investments to develop access at its airports and transform aviation in the face of climate change continue.


Swedavia tecknar kreditfacilitet om 2 miljarder kronor

Swedavia har tecknat en kreditfacilitet på 2 miljarder svenska kronor med den tyska statligt ägda banken KfW-IPEX Bank. Låneavtalet har en löptid på maximalt 10 år och är avsett att finansiera Swedavias utvecklingsprogram.


Swedavia signs credit facility for SEK 2 billion

Swedavia has signed a credit facility for SEK 2 billion with the German State-owned KfW IPEX-Bank. The loan agreement will run for a maximum of 10 years and is intended to fund Swedavia's development programme.


Swedavias delårsrapport januari-mars 2019: Stabilt resultat och fokus på effektivare lösningar

Swedavias första kvartal 2019 präglas av det fortsatta arbetet med att säkerställa den långsiktiga konkurrenskraften för bolaget och att infria målet om att den egna verksamheten ska vara fossilfri 2020. Swedavia fortsätter också att verka för flygets nödvändiga omställning för att bli fossilfritt 2045, med ytterligare satsningar på bioflygbränsle.


Swedavia's interim report for January-March 2019: Stable profit and a focus on more effective solutions

Swedavia's first quarter of 2019 was characterised by continued work to ensure the company's long-term competitiveness and achieve the target of having its own operations be fossil-free by 2020. Swedavia also continues to work for the transformation that the air transport industry needs to be fossil-free by 2045, with further investments in bio jet fuel.


Swedavia publishes Annual and Sustainability Report for 2018

Swedavia's Annual and Sustainability Report 2018 is now available in Swedish on Swedavia's website. The report describes the company's sustainability work, development last year and financial position at year-end.


Swedavia publicerar års- och hållbarhetsredovisning för 2018

Swedavias års- och hållbarhetsredovisning för 2018 finns från och med idag tillgänglig på Swedavias webb. Redovisningen beskriver bolagets hållbarhetsarbete, utveckling under förra året och finansiella ställning vid årets utgång.


Swedavia utser Caroline Ottosson till ny direktör för koncernenheten Anläggning och system

Swedavia utser Caroline Ottosson, vd för Storstockholms lokaltrafik och Waxholmsbolaget, till ny direktör för koncernenheten Anläggning och system samt ny ledamot i Swedavias koncernledning. Hon tillträder tjänsten under augusti månad.


Kallelse till årsstämma i Swedavia AB

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



Swedavias Bokslutskommuniké 2018: Förbättrad resetillgänglighet och fortsatta satsningar på klimatsmarta flygplatser

Flygplatskoncernen Swedavia redovisar ett rörelseresultat på 682 miljoner kronor för 2018, då drygt 42 miljoner passagerare reste till och från Swedavias flygplatser. Samtidigt fortsatte satsningarna på bioflygbränsle och målet att Swedavias flygplatser ska ha noll fossila koldioxidutsläpp i den egna verksamheten. Det framgår av Swedavias bokslutskommuniké.


Swedavia's Year-End Report 2018: Improved access to air travel and continued investments in climate-smart airports

The airport group Swedavia has reported an operating profit of 682 million Swedish kronor for 2018, when more than 42 million passengers flew to or from Swedavia's airports. Meanwhile, the Group continued its investments in bio jet fuel and its work to achieve the target of zero fossil carbon dioxide emissions from its own operations. This information was published in Swedavia's year-end report.


Swedavia delårsrapport för januari-september - Fortsatt utveckling mot framtidens klimatsmarta flygplatser

Antalet resenärer vid Swedavias flygplatser ökade något under januari-september, men det tredje kvartalet visade på en fortsatt avmattning i trafiktillväxten. För niomånadersperioden sammantaget redovisar Swedavia en rörelsevinst på 666 miljoner kronor. Det framgår av Swedavias delårsrapport som presenteras på fredagen.


Swedavia interim report for January-September - Continued development towards the climate-smart airports of the future

Passenger volume at Swedavia's airports increased somewhat during the period January- September, but the third quarter saw a continued deceleration in traffic growth. For the nine- month period overall, Swedavia reported an operating profit of 666 million Swedish kronor. The results were presented in Swedavia's interim report, which was published on Friday.


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