Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Switzerland
  4. Swiss Exchange
  5. Flughafen Zürich AG
  6. News
  7. Summary
    FHZN   CH0319416936

FLUGHAFEN ZÜRICH AG

(FHZN)
  Report
Delayed Swiss Exchange  -  11:31 2022-09-30 am EDT
146.90 CHF   -1.34%
09/29Swiss airline pilots march on HQ to press contract demands
RE
09/12Zurich Airport Passenger Traffic Up 55% in August
MT
09/12Flughafen Zürich : Key traffic figures August 2022
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Flughafen Zürich : Zuerich chairman sees business travel rebound in 2022 -paper

09/20/2021 | 05:28am EDT
Flughafen Zurich AG Chairman of the Board of Directors Andreas Schmid addresses the opening news conference for the newly built office and business complex

ZURICH (Reuters) - The chairman of airport operator Flughafen Zuerich expects business travel to rebound next year, he told a newspaper, adding the Swiss group remained financially sound despite the hit from the coronavirus epidemic.

"My personal assessment is I don't think we will see a big recovery in business travel this year. But in 2022 there will be a strong upward trend," Andreas Schmid told the Tages-Anzeiger paper in an interview published on Monday.

He said it was important to offer as many direct connections as possible to the whole world. "However, some destinations will be served less often than before. Perhaps only one plane will take off a day where three used to," he added.

He noted the group's cash situation was "very good" and it was well capitalised.

"We need at least 50% of the pre-pandemic air traffic to be in the black. According to our forecasts, we are at that point in December. We are in a stable, solid position," he said.

(Reporting by Michael Shields; Editing by Simon Cameron-Moore)


© Reuters 2021
All news about FLUGHAFEN ZÜRICH AG
09/29Swiss airline pilots march on HQ to press contract demands
RE
09/12Zurich Airport Passenger Traffic Up 55% in August
MT
09/12Flughafen Zürich : Key traffic figures August 2022
PU
09/12Flughafen Zürich : Key Figures August 2022
PU
08/29HSBC Lifts Price Target on Flughafen Zurich, Maintains Buy Recommendation
MT
08/26Credit Suisse Lifts Price Target on Flughafen Zurich, Maintains Neutral Recommendation
MT
08/23Flughafen Zürich AG Reports Earnings Results for the Half Year Ended June 30, 2022
CI
08/23Europe Shares Fall Tuesday as Eurozone, UK PMIs Remain in Contraction Territory
MT
08/23Transcript : Flughafen Zürich AG, H1 2022 Earnings Call, Aug 23, 2022
CI
08/23Switzerland's Flughafen Zürich Predicts Rebound to Full-Year Profit After Strong Interi..
MT
More news
Analyst Recommendations on FLUGHAFEN ZÜRICH AG
More recommendations
Financials
Sales 2022 1 009 M 1 028 M 1 028 M
Net income 2022 154 M 157 M 157 M
Net Debt 2022 1 444 M 1 471 M 1 471 M
P/E ratio 2022 29,2x
Yield 2022 1,73%
Capitalization 4 510 M 4 595 M 4 595 M
EV / Sales 2022 5,90x
EV / Sales 2023 5,22x
Nbr of Employees 1 805
Free-Float 61,3%
Chart FLUGHAFEN ZÜRICH AG
Duration : Period :
Flughafen Zürich AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends FLUGHAFEN ZÜRICH AG
Short TermMid-TermLong Term
TrendsBearishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Last Close Price 146,90 CHF
Average target price 174,38 CHF
Spread / Average Target 18,7%
EPS Revisions
Managers and Directors
Stephan Widrig Chief Executive Officer
Lukas Brosi Chief Financial Officer
Andreas G. Schmid Chairman
Michael Hofmeier Head-Information & Communication Technology
Stefan Tschudin Chief Operating Officer