Flughafen Zürich AG/€FHZN

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About Flughafen Zürich AG

Flughafen Zürich AG operates Zurich Airport, a major international aviation hub located in Switzerland. The company manages various aspects of airport operations, including passenger services, retail and dining outlets, cargo services, as well as real estate management related to airport infrastructure. Key segments of its business include ground handling, airport retail operations, and facility management services. Established in 1948, Zurich Airport has grown to become one of the busiest airports in Europe. Strategically positioned in the heart of Europe, it connects numerous international and domestic destinations. The company's competitive strength lies in its comprehensive infrastructure management and strong logistical connections.

Ticker

€FHZN

Sector

Mobility

Primary listing

XGAT

Employees

2,058

Headquarters

Zurich, Switzerland

FHZN Metrics

BasicAdvanced
€8B
22.33
€11.72
0.87
€6.10
1.76%

Bulls say / Bears say

Flughafen Zürich delivered a record net profit of CHF 326.7 million in 2024, up 7% year-on-year, driven by higher revenues and an improved EBITDA margin of 55.3% (SWI swissinfo.ch)
Passenger volumes reached 31.2 million in 2024, an 8% increase over 2023 that exceeded company expectations and brought traffic back to 99% of pre-pandemic levels, with management forecasting a new record of 32 million in 2025 (SWI swissinfo.ch)
In H1 2025, revenue grew 2% to CHF 641 million, EBITDA rose 3% to CHF 359 million, and net profit increased 6% to CHF 161 million, leading the company to raise full-year EBITDA and net profit guidance (SWI swissinfo.ch)
High payout ratio at 85.22% limits retained earnings available for reinvestment in infrastructure and growth projects (Financial Times)
Valuation appears stretched with a trailing P/E of 22.37, above peer averages and exposing the stock to downside if growth slows (Financial Times)
Non-flight revenue, which underpins retail and real estate earnings, declined 1% to CHF 313 million in H1 2025, underscoring vulnerability to weaker consumer spending and property markets (SWI swissinfo.ch)
Data summarised monthly by Lightyear AI. Last updated on 8 Sept 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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