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BRIEF-Fraport Posts Q1 Net Loss Of 77.5 Mln EUR

05/11/2021 01:10
BRIEF-Fraport Posts Q1 Net Loss Of 77.5 Mln EUR

- Fraport AG Frankfurt Airport Services Worldwide FRAG.DE:

  • SAYS POSTED A NEGATIVE GROUP RESULT (NET PROFIT) OF MINUS EUR 77.5 MILLION.

  • SAYS DURING FIRST THREE MONTHS OF 2021, GROUP'S FRANKFURT AIRPORT HOME BASE SAW PASSENGER TRAFFIC DROP BY 77.6 PERCENT YEAR-ON-YEAR TO JUST UNDER 2.5 MILLION TRAVELERS.

  • SAYS GROUP REVENUE DECREASED BY 41.8 PERCENT IN Q1 OF 2021 TO EUR 385.0 MILLION

  • SAYS MAINTAINS ITS OUTLOOK FOR ENTIRE 2021

Further company coverage: FRAG.DE


(Reporting By Berlin Newsroom)

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