Loading
26-Jul-2011 1:21 PM

Ryanair reports improvements in 1QFY2012, outlook remains unchanged

Ryanair revenue up 29% – financial highlights for the three months ended 30-Jun-2011:

  • Revenue: EUR1155 million, +29% year-on-year;
    • Ancillary: EUR248 million, +22%;
  • Operating costs: 985.5 million, +27.0%;
    • Fuel: EUR427 million, +49%;
    • Airport and handling charges: EUR152.3 million, +30.1%;
    • Route charges: EUR133 million, +33.4%;
    • Labour: EUR107.3 million, +14.9%;
  • Operating profit from continuing operations: EUR169.9 million, +40.3%;
  • Net profit: EUR139.3 million, +18.7%;
  • Passenger numbers: 21.3 million, +18%;
  • Load factor: 83%, stable;
  • Average fare: EUR43, +11%;
  • Revenue per passenger: EUR54, +9%;
  • Total assets: EUR8648 million, +0.6% when compared with the period ended 31-Mar-2011;
  • Cash and cash equivalents: EUR1125 million, -44.5% when compared with the period ended 31-Mar-2011;
  • Total liabilities: EUR+195749 million, +1.9% when compared with the period ended 31-Mar-2011;
  • FY2012 forecast:
    • Passenger traffic: +4%;
    • Average fares: +12%;
    • Yield: +12% to +15%;
    • Operating costs per passenger: +13%;
    • Profit after tax: EUR400 million. [more]

Rynair: “Our outlook for the remainder of the year remains unchanged. We anticipate traffic in FY12 will grow by 4% comprising 10% growth in H1, and then fall by approx. 4% in H2 due to already announced winter capacity cuts,” Company statement. Source: Ryanair, 25-Jul-2011.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More