Report
Sven Edelfelt

Fraport : Roadshow feedback: confident stance for 2021, uncertainties around 2022

>Traffic: recovery confirmed but still a cautious message for 2022 - In the call we organised at the end of last week, Christoph Nanke, SVP Head of Finance and Florian Fuchs, IR, confirmed the improvement in traffic seen in Frankfurt in recent months and therefore the group’s guidance for 2021 (“at the top of the range of 20-25 million passengers” or a drop of about 65% on the year vs 2019). As a reminder, while traffic was down 55% in Q3, it showed a decline of only ...
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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