XTRA:FRAInfrastructure
Assessing Fraport (XTRA:FRA) Valuation After Frankfurt Passenger Volumes Decline On Strike Disruptions
Market reaction to strike driven passenger drop
Fraport (XTRA:FRA) is in focus after reporting an 11% year-on-year decline in April passenger volumes at Frankfurt Airport, linked to six strike days that disrupted roughly half a million travellers.
See our latest analysis for Fraport.
The recent strikes come against a weaker price backdrop, with the 30 day share price return down 16.57% and the 90 day share price return down 22.47%, even as the 1 year total shareholder return is 11.28%.
If...