The Fraport Group achieved solid improvements across all key financial indicators during the first nine months of the 2025 financial year, which in Germany aligns with the calendar year. Group revenue rose by 7.8% year-on-year to €3.2 billion in 9M/2025, after adjusting for revenues from construction and expansion activities under the IFRIC 12 reporting standard. Free cash flow jumped to €366 million in the third quarter and stood at €48 million for the full nine-month period. The Group result (net profit) stood at €442 million, marking a 1.7% increase.
Commenting on the results, Fraport CEO Dr. Stefan Schulte said: “Our business performance remains well on track, supported by ongoing growth in traffic. However, passenger numbers at Frankfurt continue to be constrained by exceptionally high regulatory costs in Germany. This makes it all the more important that, outside Germany, we have successfully completed major capacity expansions in 2025 at two of our most promising Group airports – Antalya and Lima. The gradual completion of these investments has had an immediate positive impact on our free cash flow, which rose to a new high in the third quarter. As a result, we are now expecting free cash flow to approach the break-even point for the full year.”
Fraport’s global airports delivered overall positive passenger growth during the first nine months of 2025, with total traffic increasing by 4.6% year-on-year to around 144 million travellers. Passenger numbers across the Group rebounded to pre-pandemic 2019 levels for the first time. Several international airports performed well above those levels, including the Greek airports (up 21.3%), Lima Airport in Peru (up 8.1%), and Antalya Airport in Turkey (up 6.8%). In contrast, Frankfurt Airport reached 87.8% of its 2019 volumes, limited by high aviation-related taxes and charges in Germany. (€1.00 = US$1.16 at time of publication).
