Ryanair Group registers EUR177m operating loss in 1H2020

Ryanair Holdings Plc reported (02-Nov-2020) the following financial highlights for the six months ended 30-Sep-2020:

• Revenue: EUR1176.2 million, -78.2% year-on-year;
  • Ancillary: EUR385.4 million, -76.7%;
• Total operating costs: EUR1353.0 million, -67.0%;
  • Depreciation: EUR296.5 million, -22.2%;
  • Labour: EUR234.7 million, -59.8%;
  • Fuel: EUR343.0 million, -78.4%;
• Operating profit (loss): (EUR176.8 million), compared to a profit of EUR1288.3 million in p-c-p;
• Net profit (loss): (EUR192.1 million), compared to a profit of EUR1259.5 million in p-c-p;
• Total assets: EUR14,684.4 million;
  • Cash and cash equivalents: EUR2952.1 million;
• Total liabilities: EUR9705.7 million. [more - original PR]