Yahoo · Aug 6, 2026
Fraport AG (FPRUY) (Q2 2026) Earnings Call Highlights: Navigating Traffic Headwinds and ...
Fraport AG (FPRUY) is confident in achieving its full-year CapEx target of EUR900 million, with higher H1 spending due to one-off items like Terminal 3 contract settlements and runway refurbishment that will be compensated in H2. Terminal 3 is performing well, with a 30% increase in spend per passenger compared to Terminal 2, and management is confident of reaching the 50% guidance as Middle Eastern passengers return. Management expects a more modest wage increase in 2027 (mid-single-digit) due to the weak German macroeconomic environment, which should ease cost pressures.
