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VIENNA: Vienna Airport forecast higher sales and profit this year after 2015 passenger traffic rose 1.3 percent to a record 22.8 million, the Austrian company said on Tuesday.

"Revenue is expected to rise to more than 675 million euros ($733.25 million) and Flughafen Wien AG aims to raise EBITDA to more than 280 million euros," it said.

"From today's point of view, the consolidated net profit after tax should reach a level of at least 105 million euros. Net debt of the company should be further reduced to fall below 400 million euros. Investments are expected to amount to about 95 million euros in 2016."

Copyright Reuters, 2016

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