Fraport : 6M2020_Analyst Presentation

6M 2020 Results I 7M 2020 Traffic

IR Presentation

Dr. Matthias Zieschang

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2	IR Presentation I 6M 2020 Results I 7M 2020 Traffic

1 I 6M 2020 Results

2 I Business Update

3 I Outlook

4 I Appendix

6M 2020 Results

Financials massively impacted by lower Traffic

€ mil.	Group revenue

1,783
1,5141
	911
	7941
6M 2019	6M 2020

Group EBITDA		Group result after minorities

512
		157
	23		-211
6M 2019	6M 2020	6M 2019	6M 2020

• Negative traffic performance, predominantly starting in March, leads to lower Group revenue of -48% (excl. IFRIC 12)
• EBITDA also being impacted by negative traffic, down 96%
• Financial Result down due to negative result from at equity consolidated investments
• Group result negative at EUR -211mn
• Negative EPS of EUR -2.29

4	IR Presentation I 6M 2020 Results I 7M 2020 Traffic	1Revenue excluding IFRIC 12

6M 2020 Results

Segment Overview - P&L

Aviation	6M 2020	6M 2019	%
Revenue	251.6	494.7	-49.4
- Aviation charges1	176.5	389.4	-54.7
- Security services	58.8	80.6	-27.0
- Other revenue	16.3	24.7	-34.0
EBITDA	-76.5	121.9	>-100
EBIT	-148.7	43.4	>-100

1Aviation charges incl. reimbursements to airlines based on growth incentives.

	Q2 2020 Group Opex Reduction:
		Staff cost c.-36%	I
	Non-staff cost excl. IFRIC 12 c.-43%
	Retail & Real Estate		6M 2020		6M 2019	%
	Revenue		157.5		241.3		-34.7
	- Retail		48.1		104.3		-53.9
	- Real Estate		79.8		82.7		-3.5
	- Parking		26.4		50.0		-47.2
	- Other revenue		3.2		4.3		-25.6
	EBITDA		123.8		196.5		-37.0
	EBIT		77.5		152.0		-49.0

Ground Handling	6M 2020	6M 2019	%		Int' Activities & Services	6M 2020	6M 2019	%
Revenue	182.1	345.2	-47.2		Revenue	319.4	701.8	-54.5
- Ground Handling	98.0	174.4	-43.8
	Revenue excl. IFRIC 12	202.3	432.7	-53.2
- Infrastructure	72.9	157.4	-53.7
- Other revenue	11.2	13.4	-16.4		EBITDA	35.6	169.5	-79.0
EBITDA	-60.3	23.6	>-100
	EBIT	-57.4	83.6	>-100
EBIT	-81.6	0.1	>-100

5

IR Presentation I 6M 2020 Results I 7M 2020 Traffic

Due to commercial rounding discrepancies may occur when summing up, % changes based on unrounded figures