Fraport AG (XTER:FRA)
€ 51.75 -0.7 (-1.33%) Market Cap: 4.78 Bil Enterprise Value: 1.84 Bil PE Ratio: 10.74 PB Ratio: 1.06 GF Score: 76/100
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Q1 2023 Fraport Frankfurt Airport Services Worldwide AG Earnings Call Transcript

May 04, 2023 / 12:00PM GMT
Release Date Price: €45.43 (-4.90%)
Christoph Hans Nanke
Fraport AG - Senior VP, Head of Finance & IR

Warm welcome from my side to Fraport's Analyst Call for the First Quarter 2023. I'm here in the room with our CFO, Matthias Zieschang, and he is ready to start the presentation.

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

Yes. Thank you, Christoph. Good afternoon, ladies and gentlemen, and also warm welcome from my side to our presentation of the first quarter 2023.

Today, my first slide provides you an overview of our 4 highlights of the first months of the year. But before going into the presentation, let me say that we are well encouraged by the most recent business developments. We are clearly seeing that private travel is back on the 2019 level, not only in our international portfolio, as I will show you in a minute, but also in Frankfurt, and we also see this across our peer airports here in Europe. Having said this, we are still missing a certain share of corporate travelers in some international

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