Fraport : Underperform confirmed after interim results publication
>International business should continue to drive growth - While the pleasant surprise in Fraport's Q2 results already came from the international division (see our First Take of 9 August), during yesterday's conference call, management confirmed the favourable momentum in this segment. Traffic in Greece in July is expected to be around 11% above 2019 levels, which is clearly above expectations and should see the group exceed the guidance of 80% of 2019 traffic for 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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