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

Q1 2024 Ryanair Holdings PLC Earnings Call Transcript

Jul 24, 2023 / 09:00AM GMT
Release Date Price: $39.13 (-9.02%)
Operator

Welcome to the Ryanair Holdings plc Q1 FY '24 Earnings Release Call. My name is Maxine, and I'll be coordinating the call today. (Operator Instructions) I will now hand over to your host, Michael O'Leary, Group CEO, to begin. Michael, please go ahead with you are ready.

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

' -

Okay. Good morning, ladies and gentlemen. You're welcome to the Q1 results conference call. As usual, this morning, we posted the results release, an extensive MD&A and a video Q&A with myself and Neil Sorahan and that went up on the ryanair.com website at 7:00 this morning. So I refer you to that, and I'll take it as read.

I'll give you a couple of comments on the results and a few thoughts, and then we'll open it up -- I'll ask Neil just to give him a couple of comments on the MD&A and then we'll open up for Q&A.

So you've seen this morning, we reported a Q1 profit of EUR 663 million. The number is materially distorted because of -- it's compared to Ukraine affected

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