Flughafen Zuerich AG

FHZN: XSWX (CHE)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Flughafen Zurich Earnings: Noida Ramp Weighs on Near-Term Profitability; Shares Undervalued

Jack Fletcher-Price

Aug 28, 2026

Flughafen Zurich’s 2026 first-half results were a touch shy of company-compiled consensus. The group tightened 2026 guidance to 3% passenger growth and CHF 400 million in capital expenditure, from 2%-3% and CHF 350 million-CHF 400 million previously. Noida ramp up is slower than initially expected.

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Flughafen Zuerich AG

Flughafen Zurich Earnings: Noida Ramp Weighs on Near-Term Profitability; Shares Undervalued

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