Fraport H1 Net Profit at EUR 160.8 Million
Aug 6 (Reuters) -FRAPORT FRANKFURT AIRPORT SERVICES WORLDWIDE AG FRAG.DE:
MORE PRECISE PROJECTIONS PROVIDED FOR FULL-YEAR OUTLOOK
H1 NET PROFIT SURGES BY 89.2 PERCENT TO EUR 160.8 MILLION
H1 REVENUE BOOSTED TO EUR 2,039 MILLION BY PASSENGER GROWTH AND PRICE EFFECTS
FRAPORT’S OPERATING RESULT OR EBITDA REACHED €567.1 MILLION, UP 17.8 PERCENT YEAR-ON-YEAR
FY GROUP EBITDA IS FORECAST TO REACH A RANGE OF BETWEEN APPROXIMATELY EUR 1,260 MILLION AND EUR 1,360 MILLION
FY GROUP RESULT (NET PROFIT) IS STILL EXPECTED TO LIE BETWEEN AROUND EUR 435 MILLION AND EUR 530 MILLION
H1 GROUP REVENUE INCREASED BY 13.0 PERCENT YEAR-ON-YEAR TO €2,038.8 MILLION
FY BOTH PERFORMANCE INDICATORS (EBITDA AND GROUP RESULT) ARE THUS EXPECTED TO REACH ABOUT MIDDLE OF PREVIOUSLY FORECAST RANGE
PASSENGER NUMBERS AT FRANKFURT AIRPORT REBOUNDED TO ABOUT 86 PERCENT OF PRE-PANDEMIC LEVELS, WITH SOME 28.8 MILLION PASSENGERS TRAVELING VIA FRA IN 6M/2024 (UP 7.0 PERCENT YEAR-ON-YEAR)
Further company coverage: FRAG.DE
(Gdansk Newsroom)
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