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MarketScreener Homepage  >  Equities  >  Swiss Exchange  >  Flughafen Zürich AG    FHZN   CH0319416936

FLUGHAFEN ZÜRICH AG

(FHZN)
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Zurich airport flights down 95% in April as coronavirus grounds travel

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04/14/2020 | 12:56pm EDT

Zurich airport operator Flughafen Zuerich saw flight and passenger movements fall more than 95% in the first two weeks of April, it said on Tuesday, as the coronavirus brought air traffic to a virtual standstill.

For March, passengers numbers fell 63.2% from a year earlier, as only 890,134 people flew via Zurich. The airport handled only 25,491 tonnes of freight, a 39.6% drop from March 2019.

The nation's biggest airport did remain open, accommodating select international connections including Frankfurt, London, Helsinki and Amsterdam.

It also handled the Swiss foreign ministry's activities in repatriating Swiss nationals stranded in other countries.

(Reporting by John Miller; Editing by Jan Harvey)


Stocks mentioned in the article
ChangeLast1st jan.
DEERE & COMPANY -2.20% 234.25 Delayed Quote.35.20%
FLUGHAFEN ZÜRICH AG -0.08% 128.1 Delayed Quote.-27.33%
SWISS RE LTD -0.90% 65.96 Delayed Quote.-38.80%
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All news about FLUGHAFEN ZÜRICH AG
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07/14FLUGHAFEN ZÜRICH : Standard & Poor's lowers rating on Flughafen Zürich AG to A+
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Financials
Sales 2020 632 M 695 M 695 M
Net income 2020 -85,6 M -94,1 M -94,1 M
Net Debt 2020 1 338 M 1 471 M 1 471 M
P/E ratio 2020 -46,2x
Yield 2020 -
Capitalization 3 942 M 4 345 M 4 334 M
EV / Sales 2020 8,35x
EV / Sales 2021 5,65x
Nbr of Employees 2 003
Free-Float 58,2%
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Technical analysis trends FLUGHAFEN ZÜRICH AG
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TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 149,07 CHF
Last Close Price 128,40 CHF
Spread / Highest target 57,3%
Spread / Average Target 16,1%
Spread / Lowest Target -6,54%
EPS Revisions
Managers
NameTitle
Stephan Widrig Chief Executive Officer
Andreas G. Schmid Chairman
Stefan Tschudin Chief Operating Officer
Lukas Brosi Chief Financial Officer
Konrad Zöschg Head-Information & Communication Technology
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