16 Mar 2016
Final 2015 numbers slightly lower than we had expected
Fraport’s revenue increased by 8.5% to €2.6bn whereas EBIT and net earnings were up by 7.9% to €521m and by 18% to 277m, respectively. Our projections had been €2.61bn, €545m, and €294m. As expected, management proposes an unchanged dividend of €1.35.