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MIA Increases Dividend Following Record Profit

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Malta International Airport (MIA) has announced an increase in its dividend, following a record profit. The Board of Directors has recommended a final net dividend of €4.8 million, amounting to €0.052174 per share, representing a 6.7% rise from the previous year. This decision reflects the airport’s strong financial performance, with a 13.7% revenue increase in the first quarter, driven by a 14% growth in passenger traffic.

The airport’s robust performance is attributed to its strategic investments, including a €345 million plan for the next five years, focusing on infrastructure upgrades such as Apron 8 South, SkyParks Business Centre II, and the VIP Terminal. MIA aims to serve 9.3 million passengers in 2025, supported by over 100 planned summer routes.

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