IFRS 12 has pushed the group’s revenue up by €125m. IFRS 12 includes revenue which is based on ‘capacitive capital expenditure’. Excluding this, revenue was up by 5.3% to €679m when we also exclude the impact of IFRS 12 from last year’s number. All of Fraport’s numbers have to be seen in the context of this year’s Easter break compared to last year’s.
08 May 2019
Q1 numbers about in line with our projections
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Q1 numbers about in line with our projections
Fraport AG (FRA:WBO) | 0 0 0.7% | Mkt Cap: 8,167m
- Published:
08 May 2019 -
Author:
Hans-Peter Wodniok -
Pages:
2
IFRS 12 has pushed the group’s revenue up by €125m. IFRS 12 includes revenue which is based on ‘capacitive capital expenditure’. Excluding this, revenue was up by 5.3% to €679m when we also exclude the impact of IFRS 12 from last year’s number. All of Fraport’s numbers have to be seen in the context of this year’s Easter break compared to last year’s.