5-Nov-2020 6:40 AM
Fraport forecasts 60% revenue decline in 2020
Fraport forecast (04-Nov-2020) up to a 60% year-on-year increase in revenue in FY2020. The operator reported revenue excluding IFRIC 12 of EUR3.3 billion in FY2019. Fraport also expects to register a "clearly negative" EBIT result in FY2020, with or without restructuring provisions. [more - original PR]