Fraport Q2 net profit drops 32% to €84.7 million, confirms full-year outlook

Earnings
โดย RTTNews·DE·Read original
Summary · why it matters

Fraport Group reported a 32.2 percent decline in second-quarter net profit to 84.7 million euros, while EBITDA edged up 0.7 percent to 386.3 million euros. Revenue grew 5.8 percent to 1.187 billion euros, and the company confirmed its fiscal 2026 outlook. CEO Stefan Schulte said passenger volumes in Frankfurt are stagnating due to strikes and geopolitical tensions in the Middle East, but traffic is growing at most of the group's international airports. The drop in net profit reflects accounting effects from the commissioning of new terminals in Lima and Frankfurt. For the full year, Fraport continues to expect a decline in net profit and an increase in group EBITDA to up to approximately 1.5 billion euros, while Frankfurt passenger volumes are now seen at roughly the previous year's level of about 63.2 million.

Impact on stocks 1

Industrials · 1 stocks
Fraport AG
FRA
▼ NegativeCapitalrelevance

Q2 net profit dropped 32% due to accounting effects from new terminals, though EBITDA and revenue rose slightly.