XTRA:FRAInfrastructure
Fraport (XTRA:FRA) Stock Faces Profit Reset As Capex Demands Rise
The market has treated Fraport like a value story hiding in plain sight, with the stock slipping over the past month even as the airport operator posted a clean return to quarterly profit. Today’s Q2 headline is simple: the recovery in earnings power is back on the runway.
Revenue reached €1,220.2m in the quarter and basic earnings per share came in at €0.75 after a loss in Q1. That kind of swing in profitability, set against a P/E that screens lower than peers, is what will frame the debate...