Fraport’s global airports: solid growth and positive financial results

Fraport's financial reports for the last three months and six months reveal that revenue and EBITDA growth has come in the main from its foreign investments and management contracts. Growth was recorded across all fields of activity with the exception of real estate (stable).

The airports that are included in Fraport's global portfolio of subsidiaries and other investments number 26 airports on three continents.

Results data are notable for a 44% revenue increase in International Activities and Services and a 16.3% increase in EBITDA in that segment - both well ahead of other segments, with the exception of the EBITDA increase in Ground Handling.

It would not be surprising to see Fraport's financial results being driven continuously by its investments in other airports while the anchor airport, Frankfurt International, remains capacity constrained and requires ever-increasing capital expenditure.

This report looks at those airports, some of which are part of subsidiaries, the investments Fraport is making at them, and at whether they are a good fit with the main company.

In almost every case they are.