POSITIVE PROFITABILITY SINCE ITS BUSINESS LAUNCH
PERFORMANCE IMPROVING CONTINUOUSLY
Since its business launch in 2010, Enter Air has reported positive financial results. By rapidly growing its business volume, the Group has gradually improved its performance. Enter Air’s revenues totaled PLN 1.6 million in 2019, up 24.6% from PLN 1.3 billion in 2018.
Revenues (PLN m)
In 2019, EBITDA was PLN 343.6 million versus PLN 127.4 million the year before (up 169.6%).The Company generated an operating profit of PLN 168.5 million (up 46.1% yoy) and net profit of PLN 85.0 million (up 31.9%).
EBITDA and net profit (PLN m)
Revenues earned on flights procured by foreign clients make up over 34% of all revenues. International markets offer higher margins than the Polish market.