Fraport Q1 revenue and EBITDA grow at double-digit rates
May 14 (Reuters) -FRAPORT FRANKFURT AIRPORT SERVICES WORLDWIDE AG FRAG.DE:
FULL-YEAR OUTLOOK CONFIRMED
OPERATING RESULT OR EBITDA (EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND AMORTIZATION) SAW A 34.3 PERCENT BOOST TO EUR 212.6 MILLION
Q1 REVENUE AND EBITDA GROW AT DOUBLE-DIGIT RATES
GROUP RESULT (OR NET PROFIT) ALSO ROSE TO EUR 12.7 MILLION IN Q1/2024 (FROM A EUR 32.6 MILLION LOSS IN Q1/2023)
ROUP REVENUE INCREASED BY 16.3 PERCENT TO €890.2 MILLION IN THE REPORTING PERIOD
IN FIRST THREE MONTHS OF 2024, PASSENGER NUMBERS IN FRANKFURT WENT UP BY 10.4 PERCENT YEAR-ON-YEAR TO 12.5 MILLION PASSENGERS
FULL-YEAR OUTLOOK CONFIRMED FOR FISCAL 2024
THE LARGEST CONTRIBUTIONS IN GROUP REVENUE Q1 CAME FROM FRAPORT'S AVIATION AND INTERNATIONAL ACTIVITIES & SERVICES BUSINESS SEGMENTS
IN THE FIRST THREE MONTHS OF 2024, PASSENGER NUMBERS IN FRANKFURT WENT UP BY 10.4 PERCENT YEAR-ON-YEAR TO 12.5 MILLION PASSENGERS
IN FIRST THREE MONTHS OF 2024, FRAPORT'S GROUP REVENUE ROSE BY 16.3 PERCENT TO EUR 890.2 MILLION
AVIATION SEGMENT'S REVENUE ROSE BY EUR 45.6 MILLION TO EUR 265.6 MILLION IN REPORTING PERIOD
FRAPORT'S INTERNATIONAL SEGMENT SAW A EUR 49.1 MILLION REVENUE INCREASE, LIFTING TOTAL FIGURE TO EUR 345.9 MILLION
Further company coverage: FRAG.DE
(Gdansk Newsroom)
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