Tag: profits

RYANAIR Q1 PROFITS FALL 20% TO €319M DUE TO LOWER FARES, HIGHER FUEL & PILOT COSTS. FULL YEAR GUIDANCE UNCHANGED AT €1.25BN – €1.35BN

23 luglio 2018
Cliente:Ryanair

Ryanair today (23 July) reported a 20% fall in Q1 profits to €319m (excl. exceptionals).  Strong traffic growth (up 7%), overcapacity in Europe, and the earlier timing of Easter led to a 4% decline in ave. fares. Higher fuel and staff costs offset strong ancillary revenue growth in the quarter.   Q1 Results (IFRS) June… Read more