Fraport Shares Jump After Q3 Earnings Beat Expectations

Fraport Shares Jump After Q3 Earnings Beat Expectations

By ADMIN
German airport operator Fraport AG saw its shares surge nearly 9% as it delivered a stronger‑than‑expected third‑quarter performance. The company reported an adjusted EBITDA of €593.1 million, surpassing consensus estimates of around €533 million. The gain was driven in part by a €50 million pension‑refund that reduced personnel costs. However, while the full‑year financial guidance was maintained, Fraport trimmed its passenger forecast for its home hub, Frankfurt Airport, to around 63 million in 2025, citing elevated regulatory and air‑traffic charges. Despite that, the broader group has achieved a milestone: several of its international airport units are already surpassing pre‑COVID traffic levels. #Fraport #AirportEarnings #AviationRecovery #FrankfurtAirport #SlimScan #GrowthStocks #CANSLIM

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