Ryanair Holdings PLC RYANAIR EXPECTS TO REPORT STRONGER Q3 (7260L)
2023年1月5日 - 03:16AM
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TIDM0RYA TIDMRYA
RNS Number : 7260L
Ryanair Holdings PLC
04 January 2023
RYANAIR EXPECTS TO REPORT STRONGER Q3.
RAISES FY PROFIT GUIDANCE FROM EUR1.00BN - EUR1.20BN
TO A NEW RANGE OF EUR1.325BN - EUR1.425BN.
Ryanair Holdings plc today (4 Jan.) said it expects to report a
stronger than expected Q3 (end 31 Dec.) PAT of close to EUR200m.
Strong pent-up travel demand over the holiday season for the first
time in 3 years, with no adverse impact from Covid or the war in
Ukraine, stimulated stronger than expected peak Christmas/New Year
traffic and fares.
FY23 traffic guidance of 168m remains unchanged. Ryanair expects
Q4 to be loss making due to the absence of Easter from March, and a
recent softening in UK outbound and Irish - Prov. UK traffic and
pricing.
As a result of these recent developments, Ryanair has raised its
FY23 PAT guidance (pre-exceptionals) from a current range of
EUR1.00bn - EUR1.20bn to a new range of EUR1.325bn - EUR1.425bn.
This guidance remains heavily dependent upon avoiding adverse
events in Q4 (such as Covid or the war in Ukraine).
As this is a closed period, the Ryanair Group's next market
update will take place on Mon. 30 Jan. when the Group releases its
Q3 results.
ENDS.
This announcement contains inside information
For further information
please contact: Neil Sorahan Piaras Kelly
Ryanair Holdings plc Edelman
www.ryanair.com
Tel: 353-1-9451212 Tel: 353-1- 5921330
Certain of the information included in this release is forward
looking and is subject to important risks and uncertainties that
could cause actual results to differ materially. It is not
reasonably possible to itemise all of the many factors and specific
events that could affect the outlook and results of an airline
operating in the European economy. Among the factors that are
subject to change and could significantly impact Ryanair's expected
results are the airline pricing environment, fuel costs,
competition from new and existing carriers, market prices for the
replacement of aircraft, costs associated with environmental,
safety and security measures, the availability of appropriate
insurance cover, actions of the Irish, U.K., European Union ("EU")
and other governments and their respective regulatory agencies,
post-Brexit uncertainties, weather related disruptions, ATC strikes
and staffing related disruptions, delays in the delivery of
contracted aircraft, fluctuations in currency exchange rates and
interest rates, airport access and charges, labour relations, the
economic environment of the airline industry, the general economic
environment in Ireland, the U.K. and Continental Europe, the
general willingness of passengers to travel and other economics,
social and political factors, global pandemics such as Covid-19 and
unforeseen security events.
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END
ISEMZGGMRDDGFZM
(END) Dow Jones Newswires
January 04, 2023 13:16 ET (18:16 GMT)
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