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

Q3 2024 Ryanair Holdings PLC Earnings Call Transcript

Jan 29, 2024 / 10:00AM GMT
Release Date Price: $53.42 (+2.64%)
Operator

Hello, and welcome, everyone, to the Ryanair Holdings plc Q3 FY '24 Earnings Release. My name is Maxine, and I'll be coordinating call today. (Operator Instructions). I will now hand you over to Michael O'Leary, Ryanair Group CEO, to begin. Michael, please go ahead when you are ready.

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

' -

Okay. Good morning, ladies and gentlemen. You're all very welcome to the Q3 results call. As you see earlier this morning on our the ryanair.com website, we published our Q3 results together with an MD&A and a Q&A session with myself and CFO, Neil Sorahan. A couple of quick themes. As you see, we reported a Q3 profit after tax of EUR 15 million. Traffic and fares were ahead of the prior year, but closing Christmas and New Year loads and yields were softer than previously expected, as we had to lower prices somewhat in response to the very sudden but surprising but very welcome removal of flights from most of the major OTA Pirate websites in early December.

Profit after tax,

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot