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Athens International Airport (AIA) investor relations material
Athens International Airport Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
9M 2026 passenger traffic rose 4.3% YoY to 27.3m; total revenues and other income increased 0.6% to €530.0m, while adjusted EBITDA fell 1.3% to €331.2m and net profit declined 6.6% to €173.5m.
Results reflected solid non-air performance and traffic growth, partly offset by regulated airport-charge adjustments following depletion of the Air Activities Carry Forward amount.
Financial highlights
Total revenues and other income were €530.0m, up €3.1m or 0.6% YoY; operating expenses increased €7.5m or 4.2% to €187.6m.
EBITDA was €342.5m, down 1.3% YoY; adjusted EBITDA was €331.2m, also down 1.3%.
Profit before tax was €231.8m, down 3.8% YoY; net profit was €173.5m, down €12.3m or 6.6%.
Outlook and guidance
Reaffirmed 2026 guidance for mid-single-digit passenger traffic growth, despite a relatively modest outlook for the remainder of the year.
Short-term adjusted EBITDA and net profit were described as in line with targets.
South Pier construction is scheduled to commence in H2 2027; first phase of apron development is expected to be completed by end-2026.
- Record H1 2026 traffic and resilient operations drive modular €950M expansion amid lower profits.AIA
Q2 2026 - Passenger growth strong, but profit and revenue declined due to regulatory pricing and discounts.AIA
Q1 2026 TU - Record 2025 traffic and accelerated expansion drive growth, profitability, and sustainability.AIA
Corporate presentation - Record traffic, robust expansion, and Net Zero progress drive resilient growth outlook.AIA
Q4 2025 - Passenger growth and revenue up, but profit margins slightly down amid expansion and higher costs.AIA
Q3 2025 TU - Passenger traffic up 7.6%, €182.3M EBITDA, €84.75M raised for expansion, €200M net income guidance.AIA
Q2 2025 - Passenger growth and commercial momentum drove higher revenues and profitability.AIA
Q3 2024 TU - Record H1 traffic and revenue growth, with robust profits and expansion progressing.AIA
Q2 2024 - Record passenger growth, double-digit revenue, and accelerated expansion drive strong returns.AIA
Q4 2024
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