Fraport : Initial indications for a (cautious) take on 2019
>The group has full confidence in its 2018 guidance - The positive (and albeit unsurprising) point from the conference call on the Q3 2018 results: management’s solid confidence in its guidance. When reporting the H1 results, the group had already stated that it was now targeting the upper end of its guidance range (i.e. sales growth of up to 3%, EBITDA of 8-11% and EBIT of 7-12%), without factoring in the sale of the stake in Hanover airport.In terms of FCF, the...Fraport AG Frankfurt Airport Services Worldwide is an airport operator. Co. is divided into four segments: aviation, which includes airside and terminal management as well as corporate safety and security at the Frankfurt site; retail and real estate, which consists of retailing activities, parking facility and real estate management at Frankfurt Airport; ground handling, which comprises services dealing with passengers, aircraft and cargo; and external activities and services, which comprises Co.'s companies outside the Frankfurt site and auxiliary services in Frankfurt, including information technology and facility management in particular.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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