Aena Q1 Net Profit Rises 9% as Passenger Traffic Grows
Aena posted a Q1 net profit of 329.4 million euros, beating forecasts. The 9.3% rise followed a 3.2% increase in passenger traffic across Spanish airports.
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Aena SME SA (AENA.MC) grew its first-quarter net profit 9.3% to €329.4 million ($385.37 million) as passenger traffic increased. The result beat the €325 million average analyst estimate compiled by LSEG. Strong tourism demand in Spain is driving airline capacity despite regional geopolitical risks.
### Tourism Momentum Offsets Geopolitical Risks Aena revenue rose 11.6% to €1.47 billion during the quarter. This exceeded the €1.42 billion forecast by analysts and reflects a 3.2% increase in passenger traffic at Spanish airports.
