tiprankstipranks
Ryanair Reports Profit Drop Amid Traffic Growth
Company Announcements

Ryanair Reports Profit Drop Amid Traffic Growth

Ryanair Holdings (RYAAY) has released an update.

Don't Miss our Black Friday Offers:

Ryanair Holdings reported a decline in H1 after-tax profits by 18% to €1.79 billion, despite a 9% growth in customer traffic to 115 million, due to reduced airfares. The airline achieved strong ancillary revenue growth and maintained a robust balance sheet, supported by strategic fuel hedges and share buybacks. Ryanair is also focusing on expanding its fleet and network while tackling challenges like Boeing delivery delays and European ATC inefficiencies.

For further insights into RYAAY stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskRyanair’s Director Exercises Significant Share Options
TipRanks Auto-Generated NewsdeskRyanair Holdings Sees Stake Increase by Parvus
TipRanks Auto-Generated NewsdeskRyanair’s Strategic Share Buyback to Boost Value
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App