The airport operator Fraport earned more last year.
With a view of the current year, CEO warns Stefan Schulte However, before the unchanged high state location costs. “If not politically counter -controlled, the regulated location costs in 2025 will continue to increase and airlines will continue to burden 1.2 billion,” he said. Fraport itself expects a moderate plus at the Group Ebitda in 2025. The group result is expected in a range that ranges from a stable to slightly falling development. The reason here is the lack of a special effect from the sale of minority stake at Pulkovo Airport, which flowed into the result with over 40 million euros in 2024.
Price effects and the growing passenger volume made sales in 2024 to climb 10.7 percent to 4.43 billion euros. The result before interest, taxes and depreciation (EBITDA) grew by 8.1 percent to 1.30 billion euros. The group result increased by 16.6 percent to 501.9 million euros. Fraport itself forecast an EBITDA of 1.26 to 1.36 billion euros and a group result at 435 to 530 million euros. The middle of the forecast bandwidths was roughly expected for both key figures. Analysts had expected sales of 4.45 billion euros, an EBITDA of 1.3 billion euros and a result after taxes and third parties of 448 million euros. There will be no dividend for 2024.
The majority of the passengers increased in 2024. According to Fraport, vacation travel continued to dominate in Frankfurt. The demand for business trips also increased in the event of a slightly subdued dynamic. Fraport welcomed a total of around 61.6 million passengers at the home turn. This corresponded to an increase of 3.7 percent compared to 2023. Cargo volume in Frankfurt rose by 6.2 percent to around 2.1 million tons compared to the previous year. For the current year, Fraport expects up to 64 million passengers in Frankfurt.
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