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Fraport sees falls in retail and property sales, and net profit, in 2008

8-Apr-2009

The global economic crisis took its toll on Fraport’s full year results for 2008. Sales revenues declined and passenger numbers were weak, causing some assets to be sold off cheaply. [894 words]

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Subheadings:

  • Revenue losses down to subsidiary sales and loss of lease revenue
  • 'Export Nation Germany' demands high performance global air transport industry - Bender
  • Poor outlook for 2009; growth to resume in 2010
  • Fraport remains interested to acquire more foreign assets

Graphs and data:

  • Fraport Group preliminary financial highlights: 12 months ended 31-Dec-08 (EUR millions)
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