Fraport's earnings beat lifts shares

Fraport Frankfurt Airport Services Worldwide AG

05/08/2025 08:22

** Shares in airport operator Fraport FRAG.DE rise 5% as its Q2 results came ahead expectations, despite a slump in net profit due to non-recurring items

** Fraport posted Q2 EBITDA of 383 million euros  ($442.48 million), ahead of 374 million euros expected in an LSEG poll of analysts

** "The segment aviation was a mild positive surprise as moderate traffic growth in Frankfurt and higher prices lifted EBITDA and EBIT more than expected," Oliver Wojahn, an analyst at mwb Research, told Reuters

** He adds that in Q2, Fraport showed first signs that the capex cycle is now turning after recent heavy investments in Frankfurt, Lima and Antalya

** Shares are on track for best day since December 2024

($1 = 0.8656 euros)

 (Reporting by Paolo Laudani)

 ((Paolo.laudani@thomsonreuters.com))