Fraport Ag Frankfurt Akt (FPRUF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and welcome to the Fraport Q2 2026 question and answer session. To ask a question during the session, you will need to press star 1 1 on your telephone. You will then hear an automated message advising your hand is raised. To answer your question, please press star 1 and 1 again. Please be advised that today's conference call is being recorded. I would now like to hand over to Florian Fuchs, SVP, Head of Finance and IR. Please go ahead. Yes, hello everybody and welcome to Frankfurt to our 2Q question and answer session. The presentation got released this morning at 7 a.m. CET and is available on the web. And right now, as said before, we do have the question and answer session. With me at the table, we got Dr. Matthias Zieschang, our CFO, and keeping with the previous quarters and previous releases, Please do keep our cautionary language in mind when it comes to forward-looking statements. Having said this, we'd like to hand over back to the operator to start with a Q&A session now. Thank you. As a reminder, to ask a question, please press star 1 1 on your telephone and wait for your name to be announced. To answer your question, please press star 1 1 again. We will now take our first question from the line of Carlos Caprassi from Kepler-Chevreux. Please go ahead. Okay, thank you. Hi, Matthias. Hi, Florian. Thank you for taking my questions. I'll go ahead with these two questions on my side. First, I wanted to focus on the financial results in Q2, the net. financial expense figure, and here excluding joint ventures, was around 100 million. Should we expect this same level in the coming quarters or has this been any kind of one-off? And second, I was wondering if you could provide some visibility on CapEx. I mean, the reduction appears to be progressing a bit...