Ryanair Holdings plc (RYAAY) reported fourth-quarter fiscal 2024 (ended Mar 31, 2024) loss of $1.31 per share, which was narrower than the Zacks Consensus Estimate of $1.32 and improved year over year. Revenues of $2,356 million beat the Zacks Consensus Estimate of $2,332.7 million. Revenues improved year over year, driven by upbeat passenger volumes. On the back of the buoyant traffic scenario, RYAAY's profit after tax of €1.92 billion increased 34% year over year. Total operating costs grew 24% to €11.38 ...

Ryanair Holdings plc (NASDAQ:RYAAY) Q4 2024 Results Conference Call May 20, 2024 5:00 AM ET Company Participants Michael O'Leary - CEO Neil Soraha - CFO Peter Larkin - Head of IR Michael O'Leary All right. So good morning, ladies and gentlemen. Welcome to the Ryanair Full Year Results. I'm Michael O'Leary, the Group CEO. And I'm joined this morning by Neil Sorahan, the Group CFO. Earlier this morning, we published the full year results for the last 12 months ended 31 March, 2024. In that, we recorded a full ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Irish no-frills carrier Ryanair on Monday said group net profit jumped a third to 1.92 billion euros in its financial year as higher demand and fares offset ballooning fuel costs. Profit after tax climbed 34 percent to the equivalent of $2.1 billion in the 12 months to the end of March for the airline that flies mostly across Eur ...

Revenue Growth - Scheduled revenues increased by 32% to €9.15 billion, driven by a 9% traffic growth from 168.6 million to 183.7 million and a 21% increase in average fare to approximately €49.80[39] - Ancillary revenues rose by 12% to €4.30 billion, with discretionary spending per passenger increasing to approximately €23.40[40] - Total revenues increased by 25% to €13.44 billion[41] - Scheduled revenue for the year ended March 31, 2024, was €9,145.1M, an increase from €6,930.3M in the previous year, representing a growth of 32.4%[77] - Ancillary revenue reached €4,298.7M for the year ended March 31, 2024, compared to €3,844.9M in the previous year, marking an increase of 11.8%[79] - Revenue from Italy, Spain, and the United Kingdom for the year ended March 31, 2024, was €2,853.3M, €2,416.2M, and €2,031.0M respectively, contributing significantly to total revenue[79] Expenses and Costs - Fuel and oil expenses rose by 32% to €5.14 billion due to higher jet fuel prices and an 8% increase in sectors flown[42] - Staff costs increased by 26% to €1.50 billion, attributed to a larger fleet and restoration of Covid-19 pay reductions[43] - Airport and handling charges increased by 20% to €1.48 billion, driven by 9% traffic growth and higher ground handling rates[44] - Depreciation increased by 15% to €1.06 billion, primarily due to the delivery of 48 new "Gamechanger" aircraft[45] - Capital expenditure for the year ended March 31, 2024, was €1,969.3M, primarily reflecting aircraft deliveries and capitalized maintenance[81] Profitability - The reportable segment profit after income tax for the year ended March 31, 2024, was €1,917.1M, up from €1,428.0M in the previous year, reflecting a growth of 34.3%[77] - The Group's net finance income for the year ended March 31, 2024, was €61.8M, compared to a net finance expense of €34.4M in the previous year[77] Financial Position - Gross cash at March 31, 2024, was €4.12 billion, despite €2.39 billion in capital expenditures and over €1 billion in debt repayments[50] - Shareholders' equity increased by €1.97 billion to €7.61 billion, primarily due to a €1.92 billion net profit[52] - The Group's liquidity position included €4.12BN gross cash and €1.37BN net cash at March 31, 2024[98] - Total segment assets as of March 31, 2024, amounted to €17,175.6M, compared to €16,405.9M as of March 31, 2023, indicating an increase of 4.7%[77] Shareholder Returns - A total of €200M in dividends was paid for the year ended March 31, 2024, with a proposed final dividend of €0.178 per share[96] - The Group approved a €700M share buyback program subsequent to the year-end[99] Fleet and Operations - The Group has an operating fleet of 557 Boeing 737 and 27 Airbus A320 aircraft, with plans to take delivery of the remaining Boeing 737-8200 aircraft by the end of FY25[74] - The Group has a strong balance sheet with a fleet of 556 owned B737 aircraft unencumbered[103] Risk Management - Approximately 70% of FY25 jet fuel requirements were hedged as of March 31, 2024[103] - Strong cost control measures are implemented across the Group[103] - The Group has access to debt capital markets, including unsecured/secured bank debt and sale & leaseback transactions[103] - The Group holds a BBB+ (stable) credit rating from both S&P and Fitch Ratings[103]

Low-cost carrier Ryanair on Monday reported its best-ever annual profit, as passenger and revenue growth offset sharply higher operating costs. The Dublin-based firm said full-year profit after tax jumped 34% to 1.92 billion euros ($2.09 billion), and announced a 700-million-euro share buyback program. Revenue rose 25% year-on-year to 13.44 billion euros as the airline served 184 million passengers, 23% more than before the Covid pandemic. These higher traffic numbers and an increase in fares helped Ryanair ...

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Company Participants Okay. Good morning, ladies and gentlemen. YouÂ're all very welcome to the Q3 results call. As you see earlier this morning on our ryanair.com website, we published our Q3 results together with an MD&A and a Q&A section with myself and CFO, Neil Sorahan. The recent MAX 9 grounding was a disappointing setback, but we welcome the ungrounding of the MAX 9 last week. Ryanair do not operate any MAX 9 variant. There are no MAX 9 aircraft in Europe, and therefore, it is largely a U.S. issue. Ho ...

Sean Gallup/Getty Images News Here at the Lab, we have a long-standing buy on Ryanair Holdings (NASDAQ:RYAAY). Since 2022, the company has been Our Bet On Travel Recovery. Despite an outstanding return (>40% in the period), in our last analysis, we upgraded the company with a Strong Buy recommendation. We emphasized three key points: 1. The company will distribute its first ordinary DPS in its history, and we see significant scope for additional shareholder returns; 2. Higher Q3 yield with conservative guid ...

Okay. I might ask Andy Wilson just to do the new routes for the winter commentary. Just looking at the various share option schemes and the health tips from winter. I'd come back and think there's a possibility we could get close to the enhanced profit target this year. At the moment, I think we'll fall into a short but who knows. But I think those teams have been appropriate, like even if we hit the target this year, myself and the rest of senior management team still we have to remain in full time respons ...

H1 Results – Nov. 23 『RYANAIR fares. Europe's Lowest Cost Air line 2 2 No. 1, Traffic: 183.5m (FY24) No. 1 EU ESG airline – Sustainalytics Fin. strength + lowest cost = L.T. winner + 92 bases 十 565 aircraft – 384 on order 十 300m pax p.a. FY34 € per pax RYA WIZ EZJ LUV LUF IAG Lowest fare/lowest cost EU airline No. 1, OTP & reliability 300 MAX-10 order – Decade of Growth Europe's No. 1 Coverage & Choice ‍+ 228 apts, 36 countries ✈ 3,300 daily flights Luleá Lapland Oslo (G) Helsinki Skelleftea Torp Västeras T ...