Fraport Fiscal Year 2020: Revenue and Profit Severely Impacted by Covid-19 Pandemic - Extensive Countermeasures Implemented
FRANKFURT, Germany, March 16, 2021 /PRNewswire/ -- During fiscal year 2020 (ended Dec 31), the Covid-19 pandemic severely impacted financial performance of the Fraport airport company.
- FRANKFURT, Germany, March 16, 2021 /PRNewswire/ -- During fiscal year 2020 (ended Dec 31), the Covid-19 pandemic severely impacted financial performance of the Fraport airport company.
- The Group result (net profit) dropped into negative territory for the first time in 20 years, reaching minus 690.4 million despite extensive cost-saving measures.
- Fraport AG's executive board chairman, Dr. Stefan Schulte, said: "We are looking back on an extremely challenging year 2020.
- Print-quality photos of Fraport AG and Frankfurt Airport are available for free downloading via the photo library on the Fraport Web site .