Business Report

ACSA posts record R1.1billion profit, doubling earnings in 2025 financial year

IOL Reporter|Published

Airports Company South Africa reports record profits amidst operational challenges

Image: File

Airports Company South Africa (ACSA) has announced a record net profit of R1.1 billion for the year ending 31 March 2025, an impressive feat that more than doubles the R472 million reported in the previous financial year. 

Driven by a robust growth in revenue, which rose by 13% to R7.9 billion, ACSA has seen a transformation in its revenue streams, with almost half now originating from non-aeronautical activities.

This diversification strategy has proved pivotal, with earnings before interest, tax, depreciation, and amortisation (EBITDA) reaching R2.9 billion, resulting in a strong margin of 37%. These figures demonstrate ACSA’s ability to adapt and thrive in a rapidly changing aviation landscape.

ACSA’s financial health remains solid, boasting a balance sheet with R32 billion in assets and a low debt ratio of just 8%. The company's liquidity, standing at R3.4 billion, positions it favourably for future investments and operational flexibility.

With a focus on creating value for shareholders, ACSA announced a substantial increase in dividend payouts: R198 million in preference shares and R113 million in ordinary dividends, markedly up from last year’s R47 million.

CEO Mpumi Mpofu attributed this success to “disciplined financial management and diversification,” reflecting the company’s strategic direction. She noted the emphasis on infrastructure upgrades and preventative maintenance, which have been crucial in enhancing the passenger experience.

Digitisation and partnerships are also key components of ACSA’s strategy aimed at modernising operations.

Looking ahead, ACSA has ambitious plans to invest a staggering R21.7 billion over the next five years at major hubs such as O.R. Tambo and Cape Town International, alongside regional airports. This investment will not only continue to bolster infrastructure but will also focus on advancing renewable energy projects and initiating transformative changes within its supply chain.

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