Picture of Fraport Frankfurt Airport Services Worldwide AG logo

FRA Fraport Frankfurt Airport Services Worldwide AG News Story

0.000.00%
de flag iconLast trade - 00:00
IndustrialsBalancedLarge CapNeutral

Brief: Fraport Confirms The Forecast For The Current Fiscal Year

Aug 5 (Reuters) - FRAPORT FRANKFURT AIRPORT SERVICES WORLDWIDE AG FRAG.DE:

FRAPORT GROUP SIGNIFICANTLY INCREASES OPERATING RESULT IN SECOND QUARTER

BUSINESS DEVELOPMENT GAINED MOMENTUM IN THE SECOND QUARTER OF THE YEAR. ACROSS THE GROUP, AROUND 77 MILLION PASSENGERS TRAVELED THROUGH FRAPORT AIRPORTS IN THE FIRST SIX MONTHS—AN INCREASE OF 3.8 PERCENT.

H1 EBITDA REMAINED ALMOST STABLE IN THE FIRST HALF OF THE YEAR AT EUR 561.2 MILLION (MINUS 1.0 PERCENT)

THE CONSOLIDATED RESULT WAS €98.6 MILLION. DUE TO SPECIAL EFFECTS IN THE PREVIOUS YEAR AND THE REPORTING PERIOD, THIS CORRESPONDED TO A DECREASE OF 38.7 PERCENT.

H1 CONSOLIDATED RESULT WAS 98.6 MILLION EUROS

LOOKING SOLELY AT THE SECOND QUARTER, EBITDA INCREASED. IT ROSE BY 8.2 PERCENT TO EUR 383.7 MILLION IN THE MONTHS FROM APRIL TO JUNE.

CONFIRMS THE FORECAST FOR THE CURRENT FISCAL YEAR

Further company coverage: FRAG.DE

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

Recent news on Fraport Frankfurt Airport Services Worldwide AG

See all news