Fraport : Still too many uncertainties at the start of the year
>Cautious guidance for 2022 - At yesterday’s 2021 results report, Fraport announced 2022 guidance that fell short of consensus forecasts: traffic in Frankfurt expected to be between 55% and 65% of the level in 2019 (vs 66% forecast by the consensus), EBITDA between € 760m and € 880m (consensus € 958m), EBIT between € 320 and € 440m (€ 493m est.) and net income between € 50m and € 150m (€ 219m est.).At the analysts’ meeting, the group’s management acknowledged tha...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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