Ryanair posts $369 million annual loss, eyes return to 'reasonable profitability' (DE.RY4C) - 16 mai 2022
Ryanair said net losses for the year to the end of March came in at €355m (£302m), down from €1bn over the previous 12 months as it navigated the worst of the impact from the pandemic. It said it was also cautious about the potential for further COVID disruption next winter but it planned to grow its traffic to 165 million passengers this year, up from 97 million a year ago and a pre-pandemic record of 149 million.
The full-year pre-exceptional loss of 355 million euros was less than a forecast loss of 370 million euros in a company poll of analysts and a loss of 1 billion euros in its previous financial year. The airline made a profit of 1 billion euros in the year to March 2020. Ryanair shares were trading at 13.62 euros at Friday’s close, down 25% in three months, in part due to a surge in fuel prices and concerns about the impact of inflation on European demand.
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