Fraport guarded about full year earnings, but some signs that merit optimism
The three months ending 30-Jun-09 saw another series of negative figures for Fraport as the recession bit. EBITDA fell by 14.2% and net profit by 33.5%. However, that is a slight improvement on the sixth month data. The largest fall was in aviation income EBITDA (-36.6%) and ground handling (-62.9%) The company will be glad to hear that Germany, along with France, is technically out of recession having recorded 0.3% growth in the quarter ending Jun-2009. But Fraport is a multinational company exposed to the performance of economies worldwide.
To access CAPA Premium Analysis you need a CAPA Membership
Your window into the latest insights
CAPA employs an industry-leading Analyst team based in Europe, North America, Asia and Australia who offer unique perspectives and independent and accurate commentary of critical industry developments globally. CAPA Members rely on our Analysis to unlock valuable insights and actionable intelligence to keep ahead of the game.
Big picture strategic view
Our Analysts don’t just report the news - they take a big picture strategic view of aviation dynamics, issues and trends and analyse the implications of these developments for you.
The CAPA Analyst team is based globally to ensure our CAPA Members have access to independent, unique perspectives covering an entire spectrum of daily, worldwide commercial aviation developments.
Customise your Alerts
CAPA Members can use CAPA Alerts to receive daily, weekly or monthly and customised updates on our Analysis.
I'm very impressed by the factual and detailed analysis CAPA is always doing.- CEO, Airline Member
Phone: +61 2 9241 3200 | Email: email@example.com