Fraport : Momentum set to remain favourable in the short term, 2022 more uncertain
>2021 should come in at the top end of the guidance - As detailed in our comments of 9 November, Fraport once again raised its guidance for 2021 at the publication of its Q3 results. Given the good performance over the quarter and encouraging comments on the end of the year (for the winter season 70% of capacity is on offer at Frankfurt), we think that this new guidance remains relatively cautious.In terms of traffic, the group is guiding for “the top end of 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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