Fraport AG owns and operates airports in Germany, rest of Europe, Asia, and the United States. It primarily focuses on the operation of Frankfurt Main airport. The company operates through four segments: Aviation, Retail & Real Estate, Ground Handling, and International Activities & Services. The Aviation segment operates land and airside infrastructure, which covers the area of airport charges and related security services. The Retail & Real Estate segment engages in retail activities; and real estate activities, including development and rental of commercial real estate properties and land. This segment also manages buildings and facilities; develops and manages parking and retail areas; and rents advertising space. The Ground Handling segment provides ground services, such as loading, baggage, passenger, airmail and luggage transport, and freight handling services, as well as operates central infrastructure and baggage transfer system at Frankfurt Airport. The International Activities & Services segment acquires, operates, maintains, develops, and expands airports and infrastructure facilities. This segment also offers consulting services; and integrated facility and corporate infrastructure management, airport expansion south, and information and telecommunication services. Fraport AG was founded in 1924 and is headquartered in Frankfurt am Main, Germany.
In this week’s breakdown, we’ll unpack why utilities are getting a second look, the risks that could short-circuit the story, and how to spot the winners across regions.
Over the past 7 days, the market has dropped 1.1% with the Consumer Discretionary sector contributing the most to the decline. In contrast to the last week, the market is actually up 10% over the past year. As for the next few years, earnings are expected to grow by 17% per annum. Market details ›