The 25th regular Annual General Meeting (AGM) of Fraport AG will be held today as an in-person event at the Conference Center of the Sheraton Hotel at Frankfurt Airport.

In his speech to be published when the event starts at 10 a.m., Fraport CEO Dr. Stefan Schulte will initially focus on the 2025 fiscal year: “2025 marks a transformational year for our company. After a decade of major investments and amidst geopolitical challenges, we've achieved major milestones and laid important foundations for the future.” Fraport has successfully undertaken comprehensive capacity expansions in Lima and Antalya, while it has also completed the construction of Terminal 3 at Frankfurt. With these developments, the Group has paved the way for further organic growth at Fraport’s largest group airports. CEO Schulte adds: “At the same time, we’re reaching the end of the most comprehensive investment program in Fraport AG's history. We will realize major economic benefits from this investment over the medium to long term. Free cash flow is already reflecting the benefits of this transition.”

For the first time since 2018, Fraport has again recorded positive free cash flow. Another key indicator, the net debt-to-EBITDA ratio, is also benefiting from the completion of major investments in expansion. This ratio declined significantly to 5.7. Once this value falls below five, the company plans to increase its dividend payments from the current €1.00 per share. CEO Schulte explains: “If we reach this target, we will have the necessary leeway to significantly increase the distribution ratio per Fraport share to a level of 60 to 80 percent.”

For the current fiscal year, the company is confirming its financial guidance, subject to further developments in geopolitical tensions in the Middle East. Schulte comments: “The current upheaval resulting from the Iran war has had a limited impact on us so far. However, the consequences of a prolonged conflict, with potential reductions in demand, are impossible to predict with any certainty.”

Finance Minister Lorz stands for election to the Supervisory Board

Following today's Annual General Meeting, Supervisory Board chairman Michael Boddenberg will step down from his board position after six years of service. Prof. Dr. R. Alexander Lorz, the current Hessian Minister of Finance, is being nominated for election to the Supervisory Board. Should Prof. Dr. Lorz be elected to the Supervisory Board, he will also be put forward as candidate for Chair.

The AGM agenda, a transcript of the CEO's speech in German, and further information on this year’s Annual General Meeting are available on Fraport's website. The website also provides access to reproduction-quality images.

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