Positive financial Results for the Year 2014

Continuing its track record, Athens International Airport S.A. (AIA) posted positive financial results for the year 2014, as they were determined in accordance with principles of the International Financial Reporting Standards (IFRS).

A number of important developments during the year 2014 such as the dynamic expansion of Homebase carriers’ networks, the entry of new Low Cost Carriers, the regained popularity of the city of Athens as tourism destination and the strong recovery of the domestic market, gave substantial boost to the airport’s traffic evolution. Consequently, the airport’s passenger traffic reached 15,2 million, exceeding prior-year levels by 2,7 million passengers, corresponding to a significant increase of 21,2%.

AIA recorded healthy profitability, posting for the year 2014 after-tax profits of € 91,8 million compared to € 58,9 million of the previous year. The Company’s achievement to handle substantial traffic increase, while sustaining costs at low levels and maintaining high quality of services, attests to the fact that it has become even more efficient without compromising its value-for-money strategy.

It is worth noting, that according to the proposal of AIA’s Board of Directors to the General Meeting of Shareholders, an amount equal to € 80,9 million relating to dividends and taxes on dividends is attributed to the Greek State. In addition, the Greek State collects an amount rising to € 22,3 million directly from the ADF revenues at AIA.