Report
Sven Edelfelt

Fraport : Feedback from the call with the CFO: Reassuring messages… but already integrated?

>Traffic: acceleration in June but long road ahead - During the call we organised, we found the tone of the message from Dr Matthias Zieschang, CFO of Fraport, particularly confident. After an 85% drop in Q1 and -80% in May, passenger numbers in Frankfurt have shown a marked improvement since the beginning of June (60k passengers per day, i.e. around -70% compared with June 2019) with an acceleration in bookings for the summer. The group should reach 20 million passen...
Underlying
Fraport AG

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Sven Edelfelt

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