CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 75-95% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Open platformOpen platform

Germany's Fraport 9M revenue rises on international business growth

By Reuters News


Overview

  • Germany airport operator's nine-month revenue grew 3.8% yr/yr, driven by international business

  • Net profit fell nearly 29% yr/yr, mainly due to higher interest and depreciation

  • Group passenger numbers exceeded pre-pandemic levels, rising 1.7% yr/yr


Outlook

  • Fraport maintains full-year 2026 financial outlook

  • Fraport sees 2026 Group EBITDA up to EUR 1.5 bln

  • Company expects 2026 Group result to fall to EUR 300 mln-EUR 400 mln


Result Drivers

  • INTERNATIONAL BUSINESS - Co said operations outside Germany drove revenue and EBITDA growth, with international business accounting for more than half of Q3 EBITDA

  • STRONG INTERNATIONAL AIRPORT PERFORMANCE - Passenger traffic at Greek, Ljubljana, Brazil, Bulgaria and Lima airports rose, setting new records or significant increases

  • FRANKFURT CHALLENGES - Co said passenger numbers in Frankfurt stagnated due to high regulatory costs and fewer flights after CityLine shutdown


Company press release: Full Story


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

9M Revenue

EUR 3.47 bln

9M Net Income

EUR 314.50 mln


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 9 "hold" and 2 "sell" or "strong sell"

  • The average consensus recommendation for the airport operators & services peer group is "buy"

  • Wall Street's median 12-month price target for Fraport AG is €75.50, about 14.3% above its November 3 closing price of €66.05

  • The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 19 three months ago


Reuters Recommended Reads

  • Nov 3 - Lufthansa cuts 2026 outlook as jet fuel bill hits €9.3 billion

  • Nov 2 - Ireland's Ryanair H1 profit falls 15% as fuel costs rise

  • Nov 3 - Air India seeks more wide-body jets, sees profitability 'very soon,' CEO says


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.