Fraport AG (XSWX:FRA)
CHF 82.4 0 (0%) Market Cap: 4.70 Bil Enterprise Value: 2.17 Bil PE Ratio: 10.89 PB Ratio: 1.07 GF Score: 77/100

Q2 2022 Fraport AG Frankfurt Airport Services Worldwide Earnings Call Transcript

Aug 09, 2022 / 12:00PM GMT
Release Date Price: CHF82.4
Christoph Hans Nanke
Fraport AG - Senior VP, Head of Finance & IR

Welcome. Hello, also from my side to Fraport analyst call today. I have with me in the room, our CFO, Matthias Zieschang, and he is ready to start the presentation now.

Matthias Zieschang
Fraport AG - Executive Director of Finance & Controlling, CFO and Member of the Executive Board

Yes. Thank you, Christoph. Welcome, ladies and gentlemen, also from my side to our H1 presentation. Let me start my presentation today with an overview on the past 6 months and a very positive message.

Having discussed COVID-19 now for more than 2 years, we are steadily leaving the pandemic behind. As a result, we experienced a strong traffic and potential recovery in Frankfurt and even stronger momentum in most of our international airports.

In addition to this very positive business development, we have streamlined our international portfolio with the exit of Xi'an Airport in China. The divestment of our 24.5% stake led to financial growth over and beyond our operational performances,

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot