Shareholders Approve the Actions of the Executive and Supervisory Boards – Dividend Rises by 10 Euro Cents per Share
FRANKFURT, Germany, May 29, 2015 /PRNewswire/ —
At Fraport AG’s 14th regular Annual General Meeting (AGM), shareholders approved the recommended dividend of €1.35 per share. Thus, the dividend for fiscal year 2014 will increase by 10 euro cents. The last dividend increase was for fiscal year 2010.
Furthermore, shareholders ratified the actions of the company’s executive and supervisory boards for fiscal year 2014, by 99.85 percent and 98.42 percent respectively – following Dr. Stefan Schulte’s presentation of the last completed 2014 business year and after all questions from the shareholders were answered.
Today’s AGM at the Jahrhunderthalle in Frankfurt-Höchst was attended by 1,282 shareholders. Fraport AG’s supervisory board chairman, Karlheinz Weimar, chaired the AGM, which officially commenced at 10:00 and concluded at 15:08 CET.
Print-quality photos of Fraport AG and Frankfurt Airport are available for free downloading via the photo library located in our Press Center on the Fraport Web site. For TV news and information broadcasting purposes only, we also offer free footage material for downloading.
Fraport AG – which ranks among the world‘s leading companies in the global airport business – offers a full range of integrated airport management services and boasts subsidiaries and investments on five continents. In 2014, the Fraport Group generated sales of €2.4 billionand profit of about €252 million. Last year more than 108.5 million passengers used airports around the world in which Fraport has more than a 50 percent stake.
At its Frankfurt Airport (FRA) home base, Fraport welcomed about 60 million passengers and handled some 2.2 million metric tons of cargo (airfreight and airmail) in 2014. For the current summer timetable, FRA is served by 104 passenger airlines flying to some 297 destinations in 104 countries worldwide. More than half of FRA‘s destinations are intercontinental (beyond Europe) – underscoring Frankfurt‘s role as a leading hub in the global air transportation system. In Europe, Frankfurt Airport ranks first in terms of cargo tonnage and is the third-busiest for passenger traffic. With about 55 percent of all passengers using Frankfurt as a connecting hub, FRA also has the highest transfer rate among the major European hubs.
Frankfurt Airport City has become Germany‘s largest job complex at a single location, employing more than 78,000 people at some 500 companies and organizations on site. Major new real estate developments – such as The Squaire, the Gateway Gardens business park, and the Mönchhof Logistics Park – are creating an exciting new dimension and range of services at the evolving Frankfurt Airport City of the 21st century.
Almost half of Germany’s population lives within a 200-kilometer radius of the FRA intermodal travel hub – the largest airport catchment area in Europe. FRA Airport City also serves as a magnet for other companies located throughout the economically vital Frankfurt/Rhine-Main-Neckar region. Thanks to synergies associated with the region’s dynamic industries, networked expertise, and outstanding intermodal transportation infrastructure, FRA’s world route network enables Hesse’s and Germany’s export-oriented businesses to flourish in global growth markets.
Frankfurt Airport meets the increasing needs of the export-oriented economies of the State of Hesse as well as Germany as a whole, for optimal connections to growth markets around the globe. Likewise, FRA is a strategic gateway for companies wanting to access the huge European marketplace. Thus, Frankfurt Airport – which is strategically located in the heart of Europe – is one of the most important hubs in the global logistics chain.
Robert A. Payne
Press Office, Corp.Communications
60547 Frankfurt, Germany
SOURCE Fraport AG