Fraport closes 2015 up 2.5% in passenger traffic

The Fraport Group closed fiscal year 2015 successfully with a 2.5 percent rise in passenger traffic, serving 61 million at its Frankfurt Airport (FRA) home base, as well as a significant increase in its key financial figures, the company said.

Group revenue climbed 8.4 percent year-on-year to EUR2.58 billion (adjusted for IFRIC 12). The Group´s operating profit (EBITDA) increased by 7.4 percent to EUR848.8 million, while EBIT climbed by 7.8 percent to EUR520.5 million. The Group result advanced significantly by 18.0 percent to EUR297 million.

Operating cash flow also climbed by 28.8 percent to EUR652.2 million, while free cash flow soared even higher by 59.5 percent to EUR393.6 million. After an increase in the dividend for fiscal year 2014, a dividend proposal at the previous year´s level of EUR1.35 per share will be made to the Annual General Meeting this year. This corresponds to a dividend payout ratio of 45.1 percent of the Group result attributable to shareholders.

Frankfurt Airport City has become Germany´s largest job complex at a single location, employing more than 80,000 people at some 500 companies and organizations on site.