Fraport AG (FPRUF.PK,0O1R.L,FRA.DE), the owner and operator of Germany’s Frankfurt Airport, reported a 0.2 percent rise in passengers at the Frankfurt Airport or FRA home base for the month of February 2013.
Passengers at FRA for the month of February 2013 increased 0.2% to 3.6 million from the same month last year. The Fraport airport company’s February traffic results were partially impacted by opposing special and base effects. These included the effects of the GDF strike in February 2012, weather-related flight cancellations, the absence of a leap day versus last year, and the airlines’ continuing consolidation of flights during the winter timetable.
FRA’s cargo traffic fell by three per cent in the reporting month to 156,258 metric tons. Aircraft movements declined by 2.1 percent to 33,656 takeoffs and landings.
Overall, Fraport’s five majority-owned airports served about 5.4 million passengers, up 2.9 percent year-on-year. Peru’s Lima Airport continued its growth path, with nearly 1.2 million passengers served in February 2013. Antalya Airport in the Turkish Riviera received 627,411 million passengers. Bulgaria’s Burgas and Varna airports registered a total of 25,974 passengers.
In a separate press release, The Fraport Group said it met expectations for the 2012 business year by achieving growth in passenger traffic and positive development of its financial results. A total of almost 100 million passengers – advancing 2.9 percent to 99.4 million passengers – used Fraport’s five majority-owned airports.
At its Frankfurt Airport home base or FRA, the number of passengers grew by 1.1 million to 57.5 million in 2012, up 1.9 percent year-on-year. Revenue climbed by 70.8 million euros to 2.44 billion euros.
A dividend of 1.25 euros per share will again be recommended at the upcoming Fraport Annual General Meeting on May 31, 2013.
In 2013, Fraport expects FRA’s passenger volume to be at about the same level as in the previous year, revenue to increase by up to five per cent, and EBITDA to reach about 870 million euros to 890 million euros. The Group result is expected to be lower than for the previous year, due to the continuing rise in depreciation and financing costs.
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by RTT Staff Writer
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