My Account Menu

CAPA Login

Register to trial CAPA Membership!

Fraport – full year profit ‘to fall below previous year’s level’


The Fraport Group reports a 4.5% increase in EBITDA, but a 9.5% fall in net profit for the six months ended 30-Jun-08, as revenue contracted 7.1% year-on-year. The gloomy figures were improved a little when Fraport stated that second-quarter profit rose 3.3%, beating analyst estimates, boosted by the purchase of Peru’s biggest terminal at Lima and lower costs after selling a security division. Net income in the second quarter was EUR68.5 million (USD106 million). Analysts had predicted a profit of EUR56.4 million. [881 words]

Unlock the following content in this report:


  • Traffic up at most airports, but Hahn is faltering
  • A ‘real challenge’ to break even
  • Outlook not bullish
Please login to continue reading or find out more about CAPA Membership below.
This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.