Malta International Airport plc – Announces the approval of Financial Statements and Dividend Proposal

The group registered a profit before tax of €32.4 million, compared to €29.8 million in 2015. Revenue for the period also increased by €6.1 million to €73.1 million an increase of 9.1% from the same period in 2015. Earnings per share increased from €0.1424 in 2015 to €0.1551. The group’s costs remained relatively unchanged for the period under review.

For the first time in the airport’s history, traffic has exceeded five million passenger movements meaning a registered growth of 10%. This performance was partially a result of the 7.6% increase in seat capacity and the record seat load factor that reached 83.3% an improvement of 1.8% over the previous year. Aircraft movements increased by 4.5% to 35,800. This being the result of three new airlines and eleven new scheduled routes introduced during the year.  

Further to the net interim dividend of €0.03 per share (gross €0.046154) paid, the Board of Directors is recommending the payment of a final net dividend of €0.07 per share (gross €0.107692) on all shares settled as at close of business on Monday 10th April 2017, payable by not later than Friday 26th May 2017.  

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