Airport World - Joe Bates

Fraport AG CEO, Dr Stefan Schulte, delivered a largely positive message to shareholders at the company’s Annual General Meeting (AGM) today [24 May 2022].

Schulte said: “The year 2021 has shown that we have bottomed out and are now climbing back up step-by-step in terms of traffic volumes."

“The Group result or net profit is expected to range between about €50 million and €150 million,” he stated. “This will depend on how Russia’s aggression ultimately impacts our figures.”

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