Updated outlook for Copenhagen Airports A/S July 2023
Management has updated the expectations for the remainder of 2023, due to the continued growth in passenger numbers. Additionally, the temporary agreement entered into by Naviair and air traffic controllers has reduced the uncertainty on passenger operations previously reported.
Outlook for revenue growth
Based on these factors and current trajectories for passenger growth, management now expects the passenger level to exceed 26 million for the full year 2023 (previously 25 million).
Expectations for revenue growth has thus been updated to 13% (previously 10%) for the full year 2023.
The updated outlook continues to remain uncertain due to the geopolitical landscape as well as uncertainty on macroeconomic outlook due to volatility in energy prices, increasing interest rates etc. A worsening of these factors could affect travel sentiment...
