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 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…