19th May 2025 08:30
(Alliance News) - Ryanair Holdings PLC on Monday reported a decline in annual profit, despite growth in revenue and traffic.
An increase in operating expenses kept a lid on the Dublin-based budget airline's profit, as it also reported that a "key feature" of its annual trading was a reduction in fares, which helped drive the "strong traffic growth" of 9% to 200 million passengers.
Pretax profit in the financial year to March 31 fell 16% to EUR1.78 billion from EUR2.13 billion, even as revenue improved 3.8% to EUR13.95 billion from EUR13.44 billion.
Traffic rose "despite repeated Boeing [Co] delivery delays", Ryanair said.
For the new year, the airline expects traffic growth of "just 3%" to 206 million passengers "due to constrained/delayed Boeing deliveries".
Ryanair said: "While we cautiously expect to recover most, but not all of last year's 7% fare decline, which should lead to reasonable net profit growth in FY26, it is far too early to provide any meaningful guidance. The final FY26 outcome remains heavily exposed to adverse external developments, including the risk of tariff wars, macroeconomic shocks, conflict escalation in Ukraine and the Middle East and European air traffic control mismanagement/short staffing."
Ryanair shares were 6.4% higher at EUR23.18 each on Monday morning in Frankfurt. The stock is up 21% so far in 2025.
By Tom Budszus, Alliance News slot editor
Comments and questions to [email protected]
Copyright 2025 Alliance News Ltd. All Rights Reserved.
Related Shares:
RYA.L