Fraport : The worst is yet to come
>What might the recovery look like - During the conference call that followed the Q1 2020 results publication (see our note of 6 May), group CFO, Matthias Zieschang, confirmed that he was not in a position to give guidance on traffic trends in the coming months, as the re-opening of borders depends notably on political decisions.While the fall in traffic currently exceeds 90% for the group, he nevertheless hopes for a gradual recovery as of mid-June/July. Accordi...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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