Fraport si prepara per l'AGM 2021: il presidente del consiglio di amministrazione ha questo da dire

This forecast does not take into account a possible reimbursement from the government of the costs incurred by us for maintaining Frankfurt Airport operational during the first lockdown period last year. In this regard, there is an agreement in principle between the German federal government and the Hesse state government, according to which we can expect to be reimbursed for the holding costs in the form of a so-called “lost grant” of roughly 160 million euros – as already reported at our annual press conference. We submitted the corresponding application a few days ago. We are grateful to the federal and state governments for this measure, as the subsidy strengthens the equity of our company.

Dear Shareholders: One of the conditions for receiving this grant is that we do not pay a dividend for fiscal 2020. The dividend proposal of the Supervisory Board and Executive Board has been formulated accordingly. And since we also expect a net loss for the current year, we currently assume that we will not pay a dividend for this year in 2022 either.

All measures are currently aimed at ensuring that our company can continue to stabilize economically and invest in the future. At the last financial press conference, I said: We see the light at the end of the tunnel. Today I can say: Yes, things are clearly getting brighter! Nevertheless, we still have a long way to go, but things will soon be looking up again.

We thank you for your trust and continue to count on your support. Stay with us!

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