Ryanair Holdings PLC (NAS:RYAAY)
$ 44.41 -0.12 (-0.27%) Market Cap: 24.07 Bil Enterprise Value: 23.46 Bil PE Ratio: 6.08 PB Ratio: 2.68 GF Score: 85/100
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Q3 2020 Ryanair Holdings PLC Earnings Call Transcript

Feb 03, 2020 / 10:00AM GMT
Release Date Price: $36.8 (+6.22%)
Operator

Hello and welcome to the Ryanair Q3 results conference call. (Operator Instructions) And just to remind you, this conference call is being recorded.

Today, I'm pleased to present Michael O'Leary, CEO. Please go ahead with your meeting.

Michael O;Leary
Ryanair Holdings plc - Group CEO & Executive Director

' -

Okay. Good morning, ladies and gentlemen. You're all welcome to the Ryanair Q3 results conference call. You'll have seen this morning, we -- on the website, we listed the Q3 results press release. The slide presentation is there. There's a video MD&A and also the written MD&A. So I'll take all that as read and we'll shoot straight through to questions -- Q&A.

A couple of quick themes. Obviously, the headline numbers, the Q3 has performed strongly. That mirrors the earnings upgrade that we issued in the first -- or second week of January. The Q3 profit went from a loss of EUR 66 million last year to a profit of EUR 88 million this year. Really, most of the impact there was the stronger Christmas and New Year

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