Fraport: Interim report for Q3/9M 2023.
Fraport AG has published its transition report for the third quarter and nine months of 2023. The report shows that the company's revenue amounted to €3.024 billion, an increase of €656.2 million compared to last year. Payments on account of airport leases, infrastructure and ground handling had a positive impact on the increase in revenue.
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At the same time, capital maintenance expenses increased by 458.5 million euros due to increased external service costs and variable concession fees. As a result, the company posted a profit of 357 million euros, 3.5 times the previous year. The company also noted that it had debt of 7.416 billion euros and equity of 4.556.8 billion euros.
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