Ryanair Holdings Q1 Performance and FY25 Traffic Expectations
Monday, 22 July 2024, 07:40
Ryanair Holdings Q1 Financial Overview
Ryanair Holdings plc (RYAAY) has released its financial results for the first quarter, showcasing several key metrics that underline the company’s current performance and future outlook.
Key Financial Results
- GAAP EPS: €0.3145
- Revenue: €3.63 billion (a decrease of 0.5% year-on-year)
- Quarterly Profit: €360 million, down from €663 million in Q1 of the prior year
Future Directions
Despite a decrease in profit compared to last year, Ryanair Holdings has reiterated its traffic outlook for FY25, indicating a steady approach towards recovering demand in the aviation sector.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.