Fraport Group reported improved financial results for first half of 2026 with increased revenue and operating profit, despite a slight decline in passenger traffic at Frankfurt Airport. The growth across the company’s international airport network helped offset the impact of airline strikes and geopolitical tensions on its main German hub.
The airport operator said revenue in the first half of the year was €2.07 billion ($2.23 billion), up 4 percent from a year earlier. Adjusted revenue net of construction-related revenues under IFRIC 12 was €1.98 billion, up 4.5%, while EBITDA was €582.3 million, up 3.8%.
Net profit fell 47.7% to €51.6 million despite a stronger operational performance, due mainly to higher interest expenses and accounting effects related to the commissioning of new terminals in Frankfurt and Lima.
“International diversification remains a stabilizer for the group in the current environment of market uncertainty,” said Fraport CEO Dr. Stefan Schulte. Passenger numbers at Frankfurt have been impacted by strikes and geopolitical tensions in the Middle East, although most of Fraport’s overseas airports have continued to post solid growth.
Financial performance at Frankfurt Airport was supported by higher revenues from ground handling services, airport charges and infrastructure fees. International operations, in particular Lima Airport and Fraport Greece, also delivered a positive impact, thanks to higher passenger volumes and better pricing.
Passenger numbers grew at a number of airports in the group’s portfolio including Porto Alegre, Ljubljana, airports in Bulgaria and the Greek network. Instead, passenger traffic at Frankfurt dropped by 0.8% as almost 700,000 travelers were caught by Lufthansa strikes. Fraport also said geopolitical tensions in the Middle East led to higher fuel prices, weaker demand on some routes and reduced airline capacity.
Looking forward, the company has reaffirmed its guidance for the full year. Fraport confirms guidance for around 63.2 million passengers at Frankfurt Airport in 2026 and guidance for Group EBITDA of up to €1.5 billion. But net profit is expected to be lower than last year’s performance due to higher financing costs and more depreciation associated with recently completed expansion projects.
