The group’s revenue increased by 19% to €3.48bn. EBITDA and EBIT were up by 13% to €1.13bn and 14% to €731m, respectively, while net earnings increased by 44% to €474m. Finally, the dividend was increased from €1.50 to €2.00. We had projected revenue of €3.32bn, EBITDA, EBIT, and net earnings of €1.09bn, €700m, and €456m, respectively. Simultaneously, we had not assumed any dividend increase.
19 Mar 2019
2018 numbers clearly ahead of our expectations
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2018 numbers clearly ahead of our expectations
Fraport AG (FRA:WBO) | 0 0 0.7% | Mkt Cap: 8,167m
- Published:
19 Mar 2019 -
Author:
Hans-Peter Wodniok -
Pages:
2
The group’s revenue increased by 19% to €3.48bn. EBITDA and EBIT were up by 13% to €1.13bn and 14% to €731m, respectively, while net earnings increased by 44% to €474m. Finally, the dividend was increased from €1.50 to €2.00. We had projected revenue of €3.32bn, EBITDA, EBIT, and net earnings of €1.09bn, €700m, and €456m, respectively. Simultaneously, we had not assumed any dividend increase.