Fraport’s revenue increased by 3.7% to €593m, whereas EBIT fell by 14% to €55m. As the net financial result was up, net profit increased by 34% to €18m. Revenue and EBIT numbers were below our expectations (€595m and €66m respectively) while net earnings were slightly ahead (€17m).
09 May 2017
Operating earnings down, net financial loss also down in Q1 17
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Operating earnings down, net financial loss also down in Q1 17
Fraport AG (FRA:WBO) | 0 0 0.7% | Mkt Cap: 8,167m
- Published:
09 May 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
Fraport’s revenue increased by 3.7% to €593m, whereas EBIT fell by 14% to €55m. As the net financial result was up, net profit increased by 34% to €18m. Revenue and EBIT numbers were below our expectations (€595m and €66m respectively) while net earnings were slightly ahead (€17m).