Fraport : Feedback from the call with the CFO: massive cost savings to ride out the crisis and prepare the new normal
>90% fall in volumes in Frankfurt - In the conference call that we organised at the start of the week, Dr Matthias Zieschang, Fraport’s CFO, confirmed that traffic in Frankfurt is down 901e92% (the published figures show a fall of 90.7% in week 13). Traffic could remain at this level in April and May.The situation at the group’s foreign airports is no better with – at the request of the government – a total closure of the airports in Lima and Ljubljana and similar...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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