Recovery Continues: Fraport’s 2022 Fiscal Year Marked by Strong Demand
Source: Fraport Group result improves to €166.6 million – CEO Schulte expects continued traffic growth during summer by about 15 to 25 percent – Tighter climate targets for 2030: Fraport aims to cut carbon emissions by 78 percent compared to 1990 base-year Fraport AG’s business performance improved significantly in fiscal year 2022 (ending Dec 31). In the wake of the ending Covid pandemic and the gradual lifting of travel restrictions during 2022, high travel demand boosted all of the Group’s key financial figures. The Group result (or net profit) climbed by 81.5 percent year-on-year to €166.6 million, surpassing Fraport’s own guidance set at the start of the year. Dr. Stefan Schulte, Fraport’s CEO, said: "We’re moving in the right direction. [...]