Ryanair’s profit decreased in the first half of the business year: a moderate result despite an increase in revenue
Ryanair, one of Europe’s largest low-cost airlines, posted a significant drop in profits in the first half of this financial year, which lasted until the end of September. According to the company’s statement, the profit after tax decreased by 18 percent, to 1.791 billion euros, which corresponds to 1.59 euros per share. In the same period of the previous year, this value was 2.178 billion euros, or 1.90 euros per share. Analyst forecasts expected a slightly higher profit of 1.8 billion euros.
The airline’s operating profit fell by 17 percent to 2.015 billion euros, while revenues increased slightly by 1 percent to 8.692 billion euros. However, this modest increase was not enough to offset the decline in profits.
Even though average fares fell by 10 percent, the more favorable prices attracted more passengers to the airline. Passenger traffic increased by 9 percent, reaching 115 million people during the first business half. The airline is optimistic about the future and expects 200 million passengers for the entire financial year.
Ryanair has lowered its passenger growth expectations for the next fiscal year ending in March 2026. He reduced the target from 215 million to 210 million due to Boeing’s production and delivery delays, which could affect the airline’s capacity expansion plans. Boeing’s delivery problems could have a major impact on Ryanair’s operations as fleet growth could be limited.
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