Fraport Interim Report - Nine Months 2013: Fraport AG Presents Financial Results for the First Three Quarters of the Year

Frankfurt (ots) - Revenue and EBITDA Both Rise by 5 Percent -
Group Result Declines as Expected - Traffic and Financial Outlook for
2013 Remains Unchanged

Fraport AG, the owner and manager of Frankfurt Airport (FRA),
achieved revenue of about EUR1.95 billion during the first three
quarters of 2013 - an increase of EUR 95.2 million or 5.1 percent
year-on-year. The Group's operational result (EBITDA - earnings
before interest, tax, depreciation and amortization) increased by EUR
32.7 million or 4.9 percent to EUR 706.2 million. As expected, the
Group result declined by EUR25.6 million or 10.6 percent to EUR 216
million. This was largely due to the non-recurrence of the previous
year's gains in connection with the disposal of financial assets as
part of the Group's asset management and associated currency effects.
Correspondingly, basic earnings per share also dropped by EUR0.30 or
12.0 percent to EUR 2.19. In contrast, free cash flow - triggered by
a low investment volume and a positive operational performance -
soared significantly by EUR 148.4 million to EUR 72.1 million, up
from minus EUR 76.3 million during the same period last year.

Commenting on the Group's nine-month results, Fraport AG executive
board chairman Dr. Stefan Schulte said: "Business performance in the
first three quarters of 2013 was in line with our outlook, reflecting
only moderate economic growth and a business environment lacking
momentum and showing no clear signs of recovery, particularly in the
euro zone."

Because of a strong summer season, FRA's passenger figures rose
slightly by 0.2 percent to 44.2 million during for the first nine
months of 2013. Thus, this helped FRA to overcome the leap-year
effect (one day less in 2013) and a reduction in the number of
flights offered by some airlines, which caused a one percent slide in
passenger traffic during the first half of 2013. FRA's cargo volume
in the first nine months of 2013 grew by 0.7 percent to about 1.57
million metric tons year-on-year.

The main growth drivers for the Fraport Group's majority-owned
airports were Lima Airport (LIM) in Peru and Antalya Airport (AYT) in
Turkey - which saw passenger traffic surge by 12.2 percent and 6.6
percent respectively. Across the Group, the total number of
passengers climbed by 3.6 percent to almost 81 million. Combined, the
Fraport Group's majority-owned airports recorded a 0.8 percent rise
in cargo throughput to more than 1.75 million metric tons from
January to September 2013. The positive performance of the Group's
majority-owned airports also benefited Fraport's External Activities
& Services business segment, which achieved a 16.5 percent or EUR
65.8 million revenue gain to EUR 464 million for the first three
quarters of 2013.

At Fraport AG's Aviation business segment, revenue improved by EUR
13.3 million or 2.1 percent in the first nine months of 2013 to EUR
641.7 million year-on-year. With only a moderate rise in passenger
figures, growth in this segment can be mainly attributed to the 2.9
percent increase on average in aviation charges at Frankfurt Airport.
Despite FRA's lower accumulated maximum takeoff weights (MTOWs),
revenue at Fraport's Ground Handling business segment edged forward
by 0.7 percent or EUR 3.5 million to EUR 496.5 million due to price
effects for infrastructure charges.

Revenue at Fraport's Retail and Real Estate business segment grew
by 3.8 percent or EUR12.6 million to EUR 347.2 million - with the
"net retail revenue per passenger" key performance indicator climbing
by 10.3 percent to EUR3.44. In particular, the new Pier A-Plus had a
positive effect on revenue growth in this segment. Moreover, the new
pier also contributed to further increasing FRA's punctuality rate
and overall service quality. Underlining the benefits of the new pier
which opened at Terminal 1 just over a year ago, Schulte said: "Pier
A-Plus represents a quantum leap for the passenger experience at
Frankfurt Airport. Boasting an energy-efficient building design and
high standards of passenger comfort, Pier A-Plus has been very well
accepted by our customers."

In September 2013, Fraport submitted a request for a building
permit for the future Terminal 3 project to be built on the southern
side of Frankfurt Airport. Thus, the airport company is continuing to
invest in FRA's infrastructure and is creating the prerequisites for
FRA to serve the forecast traffic growth over the long-term.

For the FRA Winter Timetable 2013/14, Fraport expects a rise in
the total number of seats offered per week, despite fewer flight
frequencies, because airlines are deploying larger aircraft with
expanded passenger capacity.

Schulte further stated that Fraport AG's executive board is
maintaining its traffic and financial outlook for the full year 2013.
Passenger figures at Frankfurt Airport are expected to remain almost
unchanged from the previous year's level. The operational result
before interest, tax, depreciation and amortization (EBITDA) is
expected to reach between EUR 870 million and EUR 890 million, while
the Group result is projected to remain below the level of 2012.

The Fraport Group Interim Report for January 1 to September 30,
2013, is available for viewing and downloading via the following
link:

http://www.fraport.com/content/fraport/en/investor-relations.html

For Further Information, Please Contact:
Fraport AG Frankfurt Airport Services Worldwide
Robert A. Payne, B.A.A. - International Spokesman and Head of
International Press & External
Activities Team, Press Office (UKM-PS), Corporate Communications,
60547 Frankfurt, Germany;
Tel.: +49 69.690.78547;
E-mail: r.payne@fraport.de;
Internet: www.fraport.com; www.airportcarbonaccreditation.org