{
  "id": 206953,
  "title": "+++ Business figures +++: Fraport benefits from international airports and exceeds expectations",
  "url": "https://urgent.news/2026/08/06/geschaftszahlen-fraport-profitiert-von-auslandsflughafen-und",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-06T05:30:00.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/unternehmen/industrie/quartalszahlen-fraport-profitiert-von-auslandsflughaefen/24098412.html"
  },
  "original_language": "de",
  "account": "Fraport exceeded market expectations with its impressive fourth-quarter revenue and profit figures. The international airport operator reported a 1.3% increase in revenue to $1.27 billion by the end of June, surpassing analysts' predictions of a decline. While the company's adjusted loss per share was slightly higher than expected, at two cents, the overall positive performance was noted. Coty, a fragrance and beauty company, is pursuing a strategy to streamline its business and reduce costs, which could offset expected sales declines from the premature return of the Gucci Beauty license by 2028. The company is also considering selling brands like CoverGirl and Rimmel. Estee Lauder, a US cosmetics giant, recently convinced investors with an optimistic outlook for the year, with its stock rising nearly 8% before the market opened on Wednesday. Fraport's full-year profit for 2027 is expected to be between $3.10 and $3.35 per share, beating market expectations. The company's revenue for the fourth quarter stood at $3.63 billion, surpassing the forecasted $3.54 billion. The robust demand for luxury fragrances, beauty products, and skincare items from affluent, younger customers is driving this growth. Luxury perfume brands like Le Labo and Balmain Beauty are also contributing to the company's success. In the fourth quarter, Le Labo and Tom Ford's luxury fragrance brands alone drove a 10% revenue increase. The classic Le Labo collection, with 50ml fragrances priced at $250, benefited from expanded distribution channels and targeted marketing towards new customer segments. Swedish fintech Klarna also beat market expectations in its second-quarter earnings, reporting a profit of $9 million compared to a loss of $53 million in the same period last year. The company's adjusted operating profit increased to $91 million from $29 million a year ago, with revenue rising 27% to $1.04 billion, surpassing expectations of $993.8 million. GMV, or gross merchandise volume, the metric for the company's business activity, grew 18% to $36.6 billion in the quarter, with the U.S. GMV increasing by 27%. However, Klarna lowered its GMV forecast for the full year from previously projected $155 billion to between $149 and $151 billion, citing a more cautious assessment of U.S. sales, its largest volume market. Despite this, the company's stock dropped 5% in after-hours trading following the release of the numbers. Analyst Brian Chin from Stifel attributed this to the high expectations of investors ahead of the earnings release. Other strong performers in the quarter included Lam Research and KLA, while Applied Materials' shares have already more than doubled this year.",
  "summary": "Earnings plunge at Carl Zeiss Meditec due to China weakness +++ Swiss Re increases profit +++ Earnings at copper group Aurubis soar +++ The news blog.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Handelsblatt",
        "title": "+++ Business figures +++: Evonik benefits from delivery bottlenecks in Asia",
        "url": "https://urgent.news/2026/08/04/geschaftszahlen-evonik-profitiert-von-lieferengpassen-in-asien",
        "published": "2026-08-04T06:19:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}