Jim Mason
2007-06-05 15:16:58 UTC
Press Release
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05.06.07
RYANAIR REPORTS RECORD PROFITS OF €401m, PROFITS UP 33% AS TRAFFIC GROWS TO
42.5M
Ryanair, Europe’s biggest low fares airline, today (5 June) released record net
profits of €401m, a 33% increase over the prior year figure and €11m ahead of
previous guidance. Ryanair’s traffic grew by 22% to 42.5m, yields rose 7%, as
revenues grew by 32% to €2.24bn. Unit costs increased by 9% mainly due to a 50%
increase in fuel costs. Despite this significantly higher fuel bill, Ryanair
maintained an industry leading after tax margin of 18%.
Full release at
http://ryanair.com/site/EN/news.php?yr=07&month=jun&story=reg-en-050607
-------------------------------------------------------------------------------
-
05.06.07
RYANAIR REPORTS RECORD PROFITS OF €401m, PROFITS UP 33% AS TRAFFIC GROWS TO
42.5M
Ryanair, Europe’s biggest low fares airline, today (5 June) released record net
profits of €401m, a 33% increase over the prior year figure and €11m ahead of
previous guidance. Ryanair’s traffic grew by 22% to 42.5m, yields rose 7%, as
revenues grew by 32% to €2.24bn. Unit costs increased by 9% mainly due to a 50%
increase in fuel costs. Despite this significantly higher fuel bill, Ryanair
maintained an industry leading after tax margin of 18%.
Full release at
http://ryanair.com/site/EN/news.php?yr=07&month=jun&story=reg-en-050607
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