Flughafen Zuerich AG
SIX:FHZN

Watchlist Manager
Flughafen Zuerich AG Logo
Flughafen Zuerich AG
SIX:FHZN
Watchlist
Price: 240.4 CHF 0.25%
Market Cap: 7.4B CHF

Flughafen Zuerich AG
Investor Relations

Flughafen Zürich AG, a centurion of aviation in Switzerland, stands not just as a gateway for travelers but as an intricate ecosystem of operations and services. This company operates Zürich Airport, one of Europe's pivotal air hubs, serving as a conduit for millions of passengers annually. The airport itself is a microcosm of economies, reflecting the dynamic and interconnected world of air travel. At its core, Flughafen Zürich AG meticulously orchestrates numerous services including air traffic control, passenger logistics, and baggage handling, ensuring seamless connectivity for both travelers and airlines that call Zürich home. Moreover, this company has taken steps beyond the ordinary, embarking on ambitious strategies to blend traditional aviation services with cutting-edge technologies and sustainable practices, thereby securing its stronghold in an ever-evolving industry.

Yet, Flughafen Zürich AG is not solely about planes and passengers. The company has astutely diversified its revenue streams to encompass a multitude of commercial ventures within the airport precincts, turning these bustling corridors into a nexus of business and leisure. From retail outlets and restaurants to parking facilities and advertising spaces, the non-aviation revenue now constitutes a significant portion of the company's earnings. This strategic diversification not only cushions it against the volatile nature of the aviation sector but also leverages the immense foot traffic passing through its terminals. By marrying operational expertise with commercial acumen, Flughafen Zürich AG has crafted a resilient business model, cementing its role as both an enabler of global travel and a robust economic entity in its own right.

Show more
Loading
FHZN
Swiss Market Index
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q2 2025
Call Date
Aug 26, 2025
AI Summary
Q2 2025

Record Passengers: Zurich Airport set a new record with 15 million passengers in the first half of 2025, with key growth from Europe, North America, and Asia Pacific.

Revenue Growth: Revenue rose by 2% year-on-year to a record level, driven by strong aviation activity.

Profitability: EBITDA increased by 3% to CHF 359 million, with the consolidated result up 6% to CHF 161 million.

Guidance Affirmed: 2025 EBITDA expected to be slightly above last year; consolidated profit seen at a similar level to 2024.

Investments: CapEx at the Zurich site expected to reach around CHF 500 million in 2025, with another CHF 250 million planned internationally, mainly for Noida Airport in India.

Noida Launch: Noida Airport's commercial opening is targeted for late October or early November 2025, with about 8 million passengers expected in its first full year.

Tariff Outlook: A moderate reduction in charges is anticipated for Zurich Airport’s next tariff period, due to current returns being above the cost of capital.

Key Financials
Passengers (Zurich Airport, H1 2025)
15 million
Revenue
CHF 640 million
Aviation Revenue
CHF 340 million
Non-aviation Revenue
CHF 313 million
EBITDA
CHF 359 million
EBITDA margin
56%
Consolidated Result
CHF 161 million
Operating Expenses
CHF 282 million
Personnel Expenses
CHF 132 million
Energy and Waste Costs
CHF 19 million
Net Financial Debt (Leverage Ratio)
1.9x
Return on Invested Capital
8%
Operating Cash Flow
CHF 306 million
CapEx (Zurich site, 2025 guidance)
CHF 500 million
CapEx (International, 2025 guidance)
CHF 250 million
Commercial Revenue
CHF 295 million
Real Estate Revenue
CHF 98 million
The Circle Revenue (company share)
CHF 30 million to CHF 35 million per annum
Passenger Growth (Florianopolis, Brazil)
+15%
Noida Airport Passengers (2026 guidance)
8 million
Noida EBITDA Contribution (2031 guidance)
CHF 125 million
Noida Depreciation (annual, future guidance)
CHF 25–30 million
Noida Interest Costs (annual, future guidance)
CHF 45 million
Long-term Passenger Growth (Zurich)
2% to 2.3% per year
Earnings Call Recording
Other Earnings Calls
2025

Management

Mr. Lukas Brosi
CEO & Member of Management Board
No Bio Available
Mr. Kevin Fleck
Chief Financial Officer & Member of Management Board
No Bio Available
Mr. Stefan Gross
Chief Commercial Officer & Member of Management Board
No Bio Available
Mr. Stefan Tschudin
COO & Member of Management Board
No Bio Available
Mr. Daniel Bircher
MD of Zurich Airport International, Chief International Officer & Member of Management Board
No Bio Available
Ms. Manuela Staub
Chief People & Communications Officer and Member of Executive Board
No Bio Available
Ms. Lydia Naef
Chief Real Estate Officer & Member of Executive Board
No Bio Available
Mr. Marcel Heinzer
Senior Manager of IR & Treasury
No Bio Available
Prof. Thomas Egli
General Counsel
No Bio Available
Mr. Thomas Müller
Head of Master Planning
No Bio Available

Contacts

Address
ZUERICH
Kloten
Flughafen, Kloten
Contacts