Portugal’s airports management concession company ANA – a subsidiary of France’s VINCI Airports – enjoyed record revenues of around €1.4 billion in 2025, increasing the company’s accumulated revenues since privatisation in 2012 to almost €10 billion (€9.6 billion).
The 2025 figure includes revenues from baggage handling company Portway, and overall represents an increase of 9% on 2024, when the French company achieved profits of €1.2 billion.
According to a presentation of VINCI Group’s annual results for 2025, last year ANA contributed 29% of the group’s total revenues of €4.7 billion for all airports it manages.
The accounts also showed that for revenues of €1.4 billion, the aviation business (airlines) contributed with 73.9%, or €1 billion, while the other €366 million came from non-direct aviation business, such as commercial space management (shops, cafés and restaurants) and publicity at the airports, car parks, and rent-a-car companies.
Compared to 2024, aviation revenues increased 6.7% while non-direct aviation revenues were up 15%.
As to EBITDA, ANA’s turnover was €915 million, up 8% on the €879 million in 2024, the equivalent of over 31% of the total €3 billion in turnover of VINCI Airports’ total number of airports under its control.
