Fraport AG (FRA.DE,0O1R.L,FPRUF.PK), the owner and operator of Germany's Frankfurt Airport or FRA, said that it expects Group EBITDA for financial year 2015 to be in the range of about 820 million euros - 840 million euros, Group result of about 265 million euros - 285 million euros, with dividend unchanged at 1.35 euros per share.
However, the company said that the outlook does not take into account any effects from implementing the planned concessions for operating the 14 regional airports in Greece. The executive board currently anticipates possible conclusion of this transaction by the end of 2015 or the beginning of 2016.
At its regular board meeting today, the Fraport AG supervisory board approved Fraport AG's annual financial statements for 2014 and the Fraport Group's annual financial statements.
For the fiscal year ending December 31, 2014, the Fraport Group posted revenue of about 2.4 billion euros (+0.8 percent), EBITDA of about 790 million euros (+7.8 percent) and a Group result of about 252 million euros (+6.8 percent).
The supervisory board has decided to recommend at the company's annual general meeting that the dividend be increased by 10 euro cents per share to 1.35 euros per share.
Fraports AG's annual financial statements and the Annual Report 2014 of Fraport Group will be published on Thursday, March 19, 2015, at 07:00 CET.
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