Fraport jumps as Q3 core earnings surpass expectations

Fraport Frankfurt Airport Services Worldwide AG

11/11/2025 08:31

** Shares of Fraport FRAG.DE rise around 9% after the company reported better-than-expected third-quarter core earnings

** Free cash flow improved significantly, helped by the gradual completion of the German operator's investments in its airports around the world, an "encouraging" sign, JPMorgan says

** The group "slightly missed revenue expectations" but "significantly outperformed consensus" across all four business units, thanks to its strong EBITDA, mwb analyst Oliver Wojahn told Reuters

** JPMorgan also notes that October traffic rose by around 6% as well, and that the refined 2025 passengers outlook, now excluding a moderate increase from 63 million, remains "in line with company consensus"

** There is a "good chance" the group will beat its 2025 net profit outlook "on the back of the good Q3 numbers", Wojahn adds

 (Reporting by Emanuele Berro)

 ((emanuele.berro@thomsonreuters.com))