Fraport (FRA) Investor Presentation summary
Event summary combining transcript, slides, and related documents.
Investor Presentation summary
2 Jan, 2026Recent achievements and project milestones
Managed 2 airports in Brazil with over 13 million passengers and rapid recovery at POA in 3 months.
Operates 14 Greek airports serving 36+ million passengers, and Antalya airport opened in April 2025 with 65 million capacity.
Frankfurt airport expansion to complete in 2025, with opening after Easter 2026.
New Lima terminal highlights
New Lima terminal features stylish check-in, efficient security, automated border control, and enhanced retail and duty-free areas.
Designed as a new gateway for Peru, emphasizing operational excellence.
Passenger growth and capacity expansion
Lima airport passenger numbers have grown 6x since 2001, with Peruvian GDP up 5x.
ACI projects total passenger growth of 125% by 2043, with international up 140% and domestic up 115%.
New terminal expected to handle 25 million passengers in 2024, 35 million by 2030, and 50 million by 2041, at ~4% CAGR.
Latest events from Fraport
- Revenue and EBITDA rose, but net profit fell sharply due to higher costs and weak Frankfurt traffic.FRA
Q2 2026 (Q&A)6 Aug 2026 - Revenue and EBITDA up, but profit down sharply as higher costs offset international growth.FRA
Q2 20266 Aug 2026 - Strong revenue and EBITDA growth, positive free cash flow, and Terminal 3 opening in 2025.FRA
Q3 2025 (Q&A)9 Jul 2026 - H1 EBITDA up 18% YoY, group profit up 89%, strong international growth, Porto Alegre impact offset.FRA
Q2 20249 Jul 2026 - Revenue up 6.3%, profit down, CapEx declining, and stable outlook for 2025.FRA
Q1 2025(Q&A)9 Jul 2026 - International growth and higher earnings offset local headwinds; capex keeps cash flow negative.FRA
Q3 20248 Jul 2026 - Revenue and EBITDA rose on strong international growth; 2026 outlook remains stable.FRA
Q1 2026 (Q&A)5 May 2026 - Terminal 3 launch and strong passenger growth drove 10.4% EBITDA rise, with outlook stable.FRA
Q1 20265 May 2026 - Leverage to fall below 5x by 2027, unlocking higher dividends and retail growth from Terminal 3.FRA
Q4 2025 (Q&A)17 Mar 2026 - Record EBITDA, positive free cash flow, and strong traffic growth set the stage for 2026 gains.FRA
Q4 202517 Mar 2026