Malta International Airport registers ‘record’ results for 2013

Malta International Airport has approved a total net dividend of €0.075 per share, representing a net payment of €10,147,500 for the financial year ending December 31, 2013.

Announcing its financial results for 2013 during its annual general meeting, MIA said the overall business growth achieved in 2013 mirrored the record number of passengers arriving at the Malta International Airport. A growth of 10.5 per cent over the previous year saw more than four million passengers travel through the airport for the first time ever in one year.

“The largest increase in absolute passenger numbers was registered in the shoulder and winter seasons, meaning that our efforts to make Malta an all year round destination are bearing fruit,” said Chairman Nikolaus Gretzmacher.

A 21% increase in revenues emanating from the retail and property segment was also registered. These figures were driven mostly by the rental income from SkyParks Business Centre, which by the end of 2013 had almost all its floor space leased out.

MIA also contributed to the government €10.11 million in dividend distribution on the 20% shareholding and annual taxation.

“The determination and hard work demonstrated by the management team and staff, coupled with the remarkable results achieved in 2013 means that the MIA is well placed to face the challenges of 2014,” said Gretzmacher.

In his review for the year, Chief Executive Officer, Markus Klaushofer highlighted the Financial Results of the Company which were positively impacted by strict group wide cost control throughout the year particularly on operating costs.

He also outlined the growth in passenger movements and the healthy business mix between legacy, low cost and charter carriers as well as its continuous efforts to attract new airlines and develop new routes.

During the AGM, Nikolaus Gretzmacher, Yousef Sabeh, Alfred Quintano were appointed as directors while, Michael Bianchi and Karl Dandler were appointed as non-Executive Directors. CEO Markus Klaushofer, Deputy CEO & CFO Austin Calleja and CCO Alan Borg were confirmed as Executive Directors.