Fraport: Revenue and Net Profit Increase Significantly
Source: Fraport Passenger traffic recovery leads to strong revenue growth – Operating result (EBITDA) boosted noticeably by one-off effects – Outlook revised upwards The Fraport global airport company achieved a significant increase in revenue and the Group result (net profit) during both the third quarter and the first nine months (ended September 30) of the 2021 business year. Factors contributing to this increase included a positive operational performance and several one-off effects. Forecasts for the upcoming winter season are also optimistic. Therefore, Fraport has revised its full-year outlook for revenue and other key financial figures slightly upwards. Traffic development at Frankfurt Airport is forecast to reach the upper area of the expected performance range, between under 20 million to 25 [...]