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Fraport EBITDA up 25% in 2010, expects 2011 EBITDA to rise 10%-15%

14-Mar-2011 12:38 PM

Germany’s Fraport revenue up 9.2% - financial highlights for the 12 months ended 31-Dec-2010:

  • Total revenue: EUR2284 million, +9.0%;
  • Revenue: EUR2195 million, +9.2%;
    • Aviation: EUR693.9 million, +1.3%;
    • Retail and real estate: EUR403.1 million, +11.2%;
    • Ground handling: EUR658.6 million, +6.2%;
  • EBITDA: EUR710.6million, +24.7%;
    • Aviation: EUR131.6 million, +12.2%;
    • Retail and real estate: EUR294.7 million, +4.2%;
    • Ground handling: EUR44.1 million, +212.8%;
  • Net profit: USD271.5 million, +78.6%;
  • Total assets: EUR9170 million, +3.4%;
  • Total liabilities: EUR6431 million, +2.0%;
  • Passenger numbers: 88.6 million, +8.9%;
  • Cargo volume: 2.6 million tons, +20.2%;
    • Frankfurt Airport: 2.3 million tons, +20.5%;
  • Aircraft movements: 760,539, +5.3%;
    • Frankfurt Airport: 464,432, +0.3%;
  • FY2011 forecast:
    • Revenue: EUR2300 million;
    • EBITDA: +10% to +15%;
    • Net profit: Minor decline year-on-year;
    • Dividend: EUR1.25 per share;
    • Passenger numbers:
      • Frankfurt Airport: +4% to +7%. [more]

Fraport: "2011 will be a pivotal year for the development of Frankfurt Airport. FRA's capacity expansion will mark a new chapter in the growth of the airport,” Stefan Schulte, Chairman. Source: Fraport, 11-Mar-2011.