03-Jun-2010 3:48 PM
Fraport expects EUR80 million EBITDA improvement in 2010: Airport Share Wrap
Analysis
Fraport AG Chairman, Dr Stefan Schulte, announced the airport management group had weathered the global economic storm well and took advantage of the time to implement far-reaching decisions for the future. For the current year, Dr Schulte expects revenue to rise thanks to the "recovery in air traffic and the positive development of the Group's airports", which should result in about an EUR80 million improvement in EBITDA to EUR635 million.
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