Ryanair Posts $462.8M Q4 Loss Despite Full-Year $2.52B Profit
Ryanair reported a fiscal Q4 loss of $462.8 million (86¢/share) on $2.94 billion revenue, while full-year profit reached $2.52 billion (US$4.74/share) on $18.03 billion revenue. The airline hedged 80% of summer fuel and expects no cancellations but warned of flat peak fares and weaker pricing trends.
1. Q4 Financial Results
In its fiscal fourth quarter, Ryanair recorded a net loss of $462.8 million, equivalent to an 86 cent per share loss, on revenue of $2.94 billion.
2. Full-Year Performance
For the 12 months ending March, the airline posted profit of $2.52 billion, or $4.74 per share, on revenue of $18.03 billion.
3. Summer Outlook and Fuel Strategy
Ryanair has hedged 80% of its summer jet fuel requirements and does not anticipate any cancellations, but warned of flat peak summer fares and weaker pricing trends driven by economic and supply uncertainties and elevated energy costs.