Fraport Q1 Revenue Beats Consensus, but EBITDA Below; Guidance Unchanged

• (PLX AI) - Fraport Q1 EBITDA EUR 70.7 million vs. estimate EUR 85 million.
• • Q1 revenue EUR 539.6 million vs. estimate EUR 516 million
• • Outlook FY revenue EUR 3,000 million (unchanged)
• • Outlook FY EBITDA is forecast to range between about €760 million and €880 million
• • The Group result (net profit) is also expected to be clearly in positive territory, ranging between about €50 million and €150 million
• • In Frankfurt, Fraport expects to achieve a passenger volume of between about 39 million and 46 million for the full year 2022