Europe Movers: Fraport, Gerresheimer

Inga Muller
14 Apr, 2025
Frankfurt

Fraport AG gained 1.3% to €56.65 after the operator of the Frankfurt airport released passenger traffic results for March and the first quarter.

The total number of passengers at all airports actively managed by the Fraport Group slipped by 0.4% year-on-year to around 9.8 million in March 2025.

During the first quarter of 2025, passenger traffic in Frankfurt remained nearly unchanged compared with the same period last year.

In the first three months of 2025, a total of roughly 12.4 million passengers traveled via Frankfurt airport, representing a slight 0.9% decrease from a year ago.

“For the upcoming summer season, seat capacity at Germany’s largest aviation gateway in Frankfurt is expected to increase by 5%,” the company said in a release to investors.

The new government in Germany is taking measures to reduce the air traffic tax and eliminate the national blending quota for synthetic aviation fuels that are not yet available on the market, which can help to unlock growth in aviation again over the medium term, the company added in the statement.

Fraport’s cargo throughput, comprising airfreight and airmail, rose by 3.2% to 184,679 metric tons in March compared to a year ago.

Aircraft movements climbed by 3.9% to 35,280 takeoffs and landings, and accumulated maximum takeoff weights increased by 4.2% to around 2.2 million metric tons from a year earlier.

Gerresheimer AG dropped 1.5% to €53.05 after the Germany-based medicine packaging company reported results for the fiscal first quarter of 2025 ending in February.

Revenue edged up to €520.05 million from €466.14 million, net income swung to a loss of €17.49 million from a profit of €13.43 million, and diluted loss per share was 52 cents compared to a profit of 38 cents a year ago.

The company guided for 2025 revenue growth between 3% and 5% to €2.4 billion, compared to €2.03 billion in 2024, an adjusted EBITDA margin of 22%, compared to 20.6%, and adjusted earnings per share of €4.85, compared to €4.67 a year earlier.