The growth rate in passenger numbers moderated somewhat from H1 to Q3 at nearly all of Fraport’s airports and so have revenue and profits. However, we had anticipated this trend and the group’s final 9M profit numbers surpassed our projections.
06 Nov 2019
Better 9M profit numbers than we had anticipated
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Better 9M profit numbers than we had anticipated
Fraport AG (FRA:WBO) | 0 0 0.7% | Mkt Cap: 8,167m
- Published:
06 Nov 2019 -
Author:
Hans-Peter Wodniok -
Pages:
3
The growth rate in passenger numbers moderated somewhat from H1 to Q3 at nearly all of Fraport’s airports and so have revenue and profits. However, we had anticipated this trend and the group’s final 9M profit numbers surpassed our projections.