Outlook Boosts Shares

Shares of Fraport AG rose about 6 % after the company released its fiscal‑2026 outlook, which projects Group EBITDA of roughly €1.5 billion and passenger traffic of 188–195 million, including 65–66 million for Frankfurt Airport. The forecast also signals a decline in Group net profit for FY26, but the operator will maintain a €1.00‑per‑share dividend and plans to resume dividend payments in the fourth quarter. In FY25, net income fell due to negative equity‑method contributions and higher depreciation and amortization, while operating profit climbed to €885.4 million and EBITDA rose 10.4 % to €1.437 billion. Revenue edged up 0.1 %, and adjusted revenue grew 8.2 % YoY. The new Terminal 3 at Frankfurt, set to open on 23 April, is expected to boost long‑term traffic but may depress short‑term results because of increased costs. CEO Schulte noted that excessive regulatory costs currently restrain passenger growth in Germany, with a potential reversal if costs are reduced. Shares closed at €75.85 on XETRA, up 5.86 %.