ACSA’s revenue climbs to R8.81 billion as passenger numbers grow

South Africa's airports operator, Airports Company South Africa (ACSA), reported stronger financial performance for the 2025/26 fiscal year, driven by higher passenger numbers and expanded business operations. On Wednesday, ACSA released its annual results, which revealed an 11.6% increase in revenue to R8.81 billion, alongside a net profit rise to R1.20 billion from R1.14 billion in the preceding year.

The improvement was attributed to growth in both of its primary revenue sources: aeronautical revenue, up 15.2% to R4.68 billion, and non-aeronautical revenue, comprising income from property rentals and parking, up 7.7% to R4.18 billion. Passenger figures also improved, with departing passengers increasing by 8.5% and aircraft movements up 1.3%.

A 6.5% tariff hike further contributed to the rise in aeronautical revenue. ACSA's acting CEO, Charles Shilowa, emphasized that the diversification of business activities was proving beneficial, stating, "Growth in both our aeronautical and non-aeronautical revenue streams demonstrates the strength of our diversification strategy."

The company aims to become a globally recognized leader in airport management solutions by 2030, bolstered by its mission to develop and manage top-tier airports that drive national socio-economic growth. Despite these gains, ACSA's profit before tax increased to R1.99 billion from R1.81 billion. Moreover, the company boosted its capital expenditure to R1.1 billion from R861 million the previous year, mainly spent on maintaining and upgrading its airport infrastructure.

ACSA plans to continue exploring opportunities beyond aviation, such as in property, logistics, retail, energy, and digital services. Shilowa highlighted that the company's strategy, backed by a revised financial plan following the COVID-19 recovery, has enabled efficient resource allocation and strengthened the business's long-term sustainability and resilience.