Fraport rises on earnings beat, positive outlook

Fraport Frankfurt Airport Services Worldwide AG

17/03/2026 08:26

** Fraport FRAG.DE shares rise 3.8% on better-than-expected FY core earnings and "relatively upbeat" 2026 outlook

** The German airport group reports FY EBITDA of 1.44 billion euros ($1.65 billion), about 10% above the company-compiled consensus; it expects EBITDA of around 1.5 billion euros in 2026, also slightly ahead of expectations

** J.P. Morgan expects investors to welcome EBITDA results, positive FCF ahead of schedule, visibility on capex and "relatively upbeat" guidance, adding focus likely to remain on impacts of the Middle East conflict

** Jefferies also notes that the longer-term dividend payout guidance puts the stock on a 4-5% yield in 2027 and should be seen "positively" together with 2026 outlook

($1 = 0.8701 euros)

(Reporting by Danny Callaghan and Amir Orusov)

((danny.callaghan@thomsonreuters.com))