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Aena SA Announces Record Profits and Strategic Proposals for 2024

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Aena SA Announces Record Profits and Strategic Proposals for 2024

An update from Aena SA ( (ES:AENA) ) is now available.

Aena SA reported a record net profit of 1,934 million euros for 2024, marking an 18.6% increase from the previous year. Passenger traffic grew by 8.5%, with Spanish airports seeing a 9.2% rise. The company plans to propose a dividend increase and a stock split at the upcoming Shareholders’ Meeting. Aena also achieved significant revenue growth across its aeronautical, commercial, and real estate services, while reducing its net financial debt. The company has set decarbonization targets and is advancing its new corporate headquarters project, indicating a strong operational and strategic position.

More about Aena SA

Aena SA is a leading company in the airport management industry, operating 46 airports and two heliports in Spain, as well as London-Luton Airport and 17 airports in Brazil. The company focuses on managing passenger and cargo traffic, providing aeronautical and commercial services, and engaging in real estate activities related to airport operations.

YTD Price Performance: 6.84%

Average Trading Volume: 27,501

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €31.95B

Learn more about AENA stock on TipRanks’ Stock Analysis page.

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