Fraport Group's FY24 profit increases, but projects flat or weak group profit in FY25

From Nasdaq: 2025-03-18 02:28:58

German airport operator Fraport Group reported a higher profit in fiscal 2024, with Group result climbing 16.6 percent to 501.9 million euros. Despite challenges, revenue increased by 10.7 percent to 4.43 billion euros, driven by moderate traffic growth at various locations. Looking ahead to fiscal 2025, Fraport projects Group Profit to remain at the previous year’s level or slightly below, with EBITDA expected to grow at a moderate single-digit percentage. By 2030, the company aims to achieve an EBITDA of 2 billion euros and reach 187 million passenger numbers at fully consolidated sites.



Read more at Nasdaq: Fraport FY24 Results Climb; Sees Flat Or Weak Group Profit, Higher EBITDA In FY25