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FRA — Fraport AG News Story

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Fraport rises despite slight passenger dip at Frankfurt airport in June

BUZZ-Fraport rises despite slight passenger dip at Frankfurt airport in June

** Shares of German airport operator Fraport > up 2.9%, despite the company reporting a slight decline in June passenger traffic at Frankfurt airport

** A local trader points to a BNP Paribas upgrade as possible support for the rise in Fraport's shares

** Fraport says passenger numbers at Frankfurt airport fell slightly to 5.7 million in June, down 1.7% year-on-year

** Group passenger numbers rose to 77.7 million in the first half of the year, while cargo volumes at Frankfurt airport increased 2.0% year-on-year in June

** CEO Stefan Schulte says strikes at Lufthansa, the Iran war, concerns over jet fuel shortages and higher oil prices impacted passenger traffic in the first half of the year

** Company says it continues to expect largely positive growth at its international airports and maintains its financial outlook for 2026






(Reporting by Basile Day)

((Basile.Day@thomsonreuters.com))

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