Fraport Fiscal Year 2003: Financial Results Exceed Forecasts - EUR115 Million Surplus - EUR0.44 Per Share Dividend Payme
Fraport Fiscal Year 2003: Financial Results Exceed Forecasts - EUR115 Million Surplus - EUR0.44 Per Share Dividend Payment Recommended Frankfurt (ots) - In fiscal 2003, Fraport AG Frankfurt Airport Services Worldwide (FSE: FRA) achieved considerably higher revenues and earnings. The airport management company recorded an EBITDA (earnings before interest, tax, depreciation and amortization) of EUR503.4 million. Thus, despite the difficult market environment, the company slightly surpassed the previous year's figure after adjusting for the Manila write-down. Consolidated net income climbed by