Report
Olfa Taamallah ...
  • Yan Derocles

Ryanair : Strong FCF generation is ramping up the return of cash to the shareholder

>A very comfortable cash level at end-March 2024, with a share buyback announcement very likely at the full-year earnings publication - Ryanair is due to report full-year earnings to end-March 2024 on 20 May. We expect net profit at € 1.96bn for sales of € 13.4bn, giving a net margin of 14.6% (vs € 1.88bn and € 13.6bm respectively for the Visible Alpha consensus) factoring in a strong yield performance and ancillary revenues in Q4 (+12% and +3% respectively) thanks no...
Underlying
Ryanair Holdings Plc

Ryanair Holdings is a holding company. Through its subsidiaries, Co. operates an ultra-low cost, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the U.K., Continental Europe, and Morocco. Co. offers over 2,000 scheduled short-haul flights per day serving approximately 210 airports throughout Europe, and flying approximately 1,600 routes. In addition, Co. provides various ancillary services and engages in other activities connected with its core air passenger service, including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food, and merchandise.

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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