Report
Olfa Taamallah ...
  • Yan Derocles

IAG : Solid FY2023 release in line with estimates

>A FY2023 release pretty much in line with estimates - IAG has just released FY 2023 results pretty much in line with estimates. FY 2023 operating profit before exceptional items was reported at € 3,507m vs consensus (complied by company) estimate of € 3,513m (2022: € 1,247m; 2019: € 3,253m). FCF was € 1.3bn vs VA consensus of € 1.4bn. In detail, passenger unit revenue for the year was 8.2% higher than in 2022, with strong leisure traffic recovery and business traffic...
Underlying
International Consolidated Airlines Group SA

International Airlines Group is an international scheduled airline and global premium airlines. Co.'s principal place of business is London with significant presence at Heathrow, Gatwick and London City airports.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Olfa Taamallah

Yan Derocles

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