Flughafen Zurich beats 2025 profit forecast but cuts 2026 outlook
Entity Intersection Graph
No entity connections available yet for this article.
Original Source
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil prices sink as Trump talks Iran war end, supply relief Gold prices rise but still rangebound with focus on Iran war de-escalation Aramco tops forecasts, warns of ‘catastrophic’ fallout from Hormuz disruption Trump suggests Iran war nearing end (South Africa Philippines Nigeria) Flughafen Zurich beats 2025 profit forecast but cuts 2026 outlook By Editor Maria Ponnezhath Stock Markets Editor Maria Ponnezhath Published 03/10/2026, 04:47 AM Flughafen Zurich beats 2025 profit forecast but cuts 2026 outlook 0 FHZN -1.37% Investing.com -- Flughafen Zurich AG (SIX:FHZN) on Tuesday reported earnings that slightly exceeded expectations for 2025, but provided a conservative outlook for 2026 that suggests lower free cash flow and earnings. The Swiss airport operator’s 2025 EBITDA came in 0.4% above analyst consensus, driven by its aviation segment. Net income beat forecasts by 3.1%, leading to a dividend that came in 3% ahead of expectations. Free cash flow reached negative CHF28 million, below the CHF54 million consensus, due to higher capital expenditure. For 2026, Flughafen Zurich expects EBITDA to remain stable compared to 2025. The company guided for passenger traffic to exceed 33 million, implying growth of 2% to 3% year-over-year. Aviation revenues are expected to be stable, while non-aviation revenues are forecast to be higher. Commercial revenues are projected to remain stable, real estate revenues slightly higher, and international revenues higher due to the opening of Noida airport. Group net income is expected to decline in 2026 due to higher finance and depreciation expenses related to Noida. Capital expenditure is guided to CHF450 million to CHF500 million for 2026, up from the consensus estimate of CHF408 million. Spending at Zurich airport is expected to increase to CHF350 million to CHF400 million from CHF300 million to CHF350 million in 2025, while international spending is projected to decrease to ...
Read full article at source