Fiscal Year 2013 / Fraport Successfully Meets Expectations in a Difficult Business Environment

Frankfurt (ots) -

Growth in Passenger Traffic, Revenue and Operating Profit -
Dividend of EUR 1.25 to Be Recommended Again - CEO Schulte Provides
Positive Outlook for 2014

Despite a difficult business environment, the Fraport Group
successfully met its targets in the 2013 business year - thanks to
higher-than-expected growth in passenger traffic at Frankfurt Airport
and positive development of its key financial figures. Revenue
climbed by 4.9 percent to EUR 2.56 billion, while the Group's
operating profit (EBITDA - earnings before interest, tax,
depreciation and amortization) rose to some EUR 880 million, up 3.7
percent. In line with the forecast set out at the beginning of
fiscal year 2013, the Group result declined by some EUR 16 million
year-on-year to approximately EUR 236 million. This was due, among
other things, to the non-recurrence of high one-off gains from the
Group's financial asset management achieved in fiscal year 2012.

A dividend of EUR 1.25 per share will again be recommended at the
upcoming Fraport AGM (Annual General Meeting) in late May. This would
represent a dividend payout ratio of about 52 percent of the Group
result attributable to shareholders.

At the Fraport Group's Frankfurt Airport (FRA) home base,
passenger figures rose by almost 1 percent (+0.9 percent) to more
than 58 million. Cargo traffic at FRA also developed positively,
rising by 1.4 percent to almost 2.1 million metric tons. Overall,
Fraport's majority-owned Group airports welcomed more than 103
million passengers in 2013 - an increase of 4.1 percent.

Commenting on the Group's business performance in 2013, Fraport AG
executive board chairman Dr. Stefan Schulte said: "Despite difficult
framework conditions, our company performed well during the 2013
business year. After a difficult start with declining passenger
traffic at Frankfurt Airport, the favorable summer season and
positive booking numbers during the last months of the year provided
the necessary momentum to obtain a positive overall result. Our
international Group airports also performed strongly again in 2013.
In this segment, we paved the way in 2013 for future organic growth
by opening new terminals in St. Petersburg, Russia, as well as in
Varna and Burgas on the Bulgarian Black Sea coast. All three
airports are now provided with the necessary capacity to accommodate
the expected traffic growth."

In the Aviation business segment, passenger growth and higher
revenue from airport charges resulted in a continuous increase in the
segment's revenue to approximately EUR 845 million, up 2.6 percent.
Segment EBITDA grew by 1.7 percent to about EUR 205 million.

Fraport's Retail & Real Estate business segment scored a 3.6
percent increase in revenue to EUR 469 million, with EBITDA rising by
4.6 percent to some EUR 351 million. The key performance indicator
"net retail revenue per passenger" improved from EUR 3.32 to EUR
3.60.

Revenue in the Ground Handling business segment edged up by 1.1
percent to just over EUR 656 million. The segment's EBITDA also grew
by 1.1 percent, to some EUR 38 million.

The External Activities & Services business segment continued to
contribute positively to the Group's overall result - reflecting the
ongoing growth trend particularly at Fraport's Group airports in
Lima, Peru, and Antalya, Turkey. Revenue in this segment jumped 14.4
percent to EUR 591 million, while the segment's EBITDA increased by
4.4 percent to some EUR 286 million.

Confirming the company's outlook for the current year, Fraport CEO
Schulte said: "The air transport industry in Europe continues to
operate in a highly competitive environment, and we expect 2014 to be
another challenging year also for Fraport. Nevertheless, we are
positive about the outlook for our company in the current business
year. We expect passenger figures to rise by two to three percent at
our Frankfurt Airport home base and the dynamic trend to continue
also at our other Group airports."

Due to a change in accounting standards effective January 1, 2014,
it is no longer permitted to recognize interests in joint ventures
using proportionate consolidation. This change will particularly
affect Fraport's interest in Antalya Airport. From 2014, Antalya
Airport's net profit will be recognized in the financial result
within Fraport's consolidated income statement. This will have an
impact on the Group's reported financial figures for fiscal year
2014.

Based on the traffic outlook, Fraport expects Group revenue to
rise to up to about EUR 2.45 billion in 2014 - an increase compared
to 2013, when a value of approximately EUR 2.38 billion was achieved,
if adjusted to the new accounting standards for comparison purposes.
The Group EBITDA is expected to reach a level between approximately
EUR 780 million and some EUR 800 million in 2014 (adjusted value for
2013: around EUR 733 million), while the Group EBIT is forecast to
reach up to approximately EUR 500 million (adjusted value for 2013:
EUR 439 million).

Thus, the EBITDA and EBIT outlook for 2014 exceeds the value
reached in 2013 (if adjusted for comparison purposes) by around EUR
40 million to EUR 60 million. Revenue is forecast to rise by
approximately EUR 70 million on the adjusted 2013 value. The Group
result is not affected by the new accounting standards and is
expected to see a slight increase compared to fiscal year 2013.

For Further Information, Please Contact:

Fraport AG Frankfurt Airport Services Worldwide
Robert A. Payne International Spokesman; 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;