- company information
- Friday, 26 July 2024
Significant improvement in financial condition. Extension of discharge for members of the airport management board
The year 2023 turned out to be a historic year for Poznań-Ławica Airport in terms of the number of passengers served and, which is equally important for the airport authorities, there was a significant improvement in financial results.
As of December 31, 2023, the Poznań–Ławica Airport company generated a net profit of PLN 18 million, while the net loss at the end of 2022 amounted to PLN 4.7 million, which means an improvement of over PLN 23 million. At the end of 2023, all profitability indicators improved compared to 2022 and showed positive values. A positive sales profitability ratio means that every PLN 100 of sales resulted in PLN 9.29 of profit, while a year earlier it was PLN 2.05. The improvement in profitability is the result of a dynamic increase in revenues in relation to costs. At the same time, the Shareholders’ Meeting granted a discharge to both Members of the Airport Management Board.
Information on the financial result in 2019, 2022 and 2023
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Specification201920222023% change 2023 to 2022increase/decrease 2023-2022% change 2023 to 2019increase/decrease 2023-2019
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A. NET SALES REVENUE89 94094 997130 32837%35 33145%40 388
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B. OPERATING COSTS86 17993 054118 21727%25 16337%32 038
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C. PROFIT (LOSS) FROM SALE3 7611 94312 111523%10 167222%8 350
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D. OTHER OPERATING INCOME2 7553 47311 092219%7 619303%8 337
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E. OTHER OPERATING EXPENSES2 8152 7523 07212%3209%257
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F. PROFIT (LOSS) FROM OPERATING ACTIVITIES3 7022 66420 131656%17 467444%16 430
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G. FINANCIAL REVENUE4321 8515 455195%3 6051 164%5 024
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H. FINANCIAL COSTS2 7829 4078 947-5%-460222%6 164
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I. GROSS PROFIT (LOSS)1 351-4 89216 640440%21 5321 132%15 289
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J. INCOME TAX3 769-128-2 283-1 679%-2 155-161%-6 052
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K. NET PROFIT (LOSS)-2 418-4 76418 923497%23 687883%21 341
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Total revenue93 127100 321146 87646%46 55558%53 749
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Total costs91 775105 213130 23524%25 02242%38 460
* data in thousands PLN
The above financial results were supported by a significant increase in the number of connections and the number of passengers served in 2023. Compared to 2022, the dynamics is almost 24%! From 2.25 million passengers in 2022, the number of passengers increased to 2.79 million passengers in 2023! Last year, passengers of Poznań-Ławica Airport could use 48 direct regular destinations and 38 direct charter destinations. New in the 2023 connection network were 7 new routes from Poznań to Lisbon, Paphos, Bari, Kutaisi, Verona, Tirana and Dubai and flights to Rome-Fiumicino airport. The most popular destinations in regular connections were the routes to London (Stansted and Luton airports), Dublin, Milan, Alicante, Oslo-Torp, Zadar, Krakow, Bristol and Budapest
In the case of charter flights, the most popular routes were: Antalya, Marsa Alam, Hurghada, Rhodes, Heraklion, Bodrum, Kos, Palma in Majorca, Zakynthos, Burgas. Last year, passengers of Poznań-Ławica Airport could use three new charter destinations: Dalaman, Kavala and Sharm el Sheikh.
The most important event in the development of the flight network was the launch of a new direct route from Poznań (POZ) to Dubai (DXB), operated by the airline flydubai. Another important event was the launch of the long-awaited route to Lisbon in Portugal with Ryanair.
The financial results and the number of passengers served in 2023 provided a very strong basis for the records in the number of passengers who used the services of the Poznań airport, which are already being achieved in the current year, 2024. The first half of the year is a result of over 1.5 million passengers served and a dynamics of 24%!
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