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Fraport Ag
Fraport Interim Report - January to September 2008: Growth Despite Downward Trend
November 23rd, 2008
In the first three quarters of fiscal year 2008 all key traffic and financial indicators of the Fraport Group continued to improve. Frankfurt Airport (FRA) welcomed 0.1 percent more passengers, while Group-wide Fraport recorded 1.9 percent passenger growth. Airfreight tonnage rose by 1.2 percent at FRA and climbed by 2.9 percent for the Fraport Group's airports combined. With EUR 1.6 billion, sales revenue fell 8.8 percent short of the previous year's level. However, adjusted for the extraordinary effects in the first nine months of 2007, Group revenue jumped by 4.4 percent. Unadjusted, EBITDA (earnings before interest, taxes,...
Source: Pharma Investments, Ventures & Law Weekly (2008-11-23)
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