Overview
- Fraport guides the 2026 group result to €300–400 million, down from €468 million in 2025, as depreciation and interest rise after major projects came online.
- The board has proposed resuming payouts with a €1 per‑share dividend after years without distributions, with Hesse and the city of Frankfurt as key shareholders.
- Frankfurt’s €4 billion Terminal 3 begins operations on 23 April, triggering airline moves and a multi‑year closure of Terminal 2 for refurbishment.
- Operational metrics improved in 2025, with EBITDA up 10% to €1.44 billion and free cash flow turning positive at €24.4 million for the first time since 2018.
- Overseas airports drove resilience, contributing roughly 40% of revenue as the group handled 184 million passengers, while reduced flying to the Iran region has cut volumes by about 1% so far.