Wizz Air : Positive comments on summer trading
>Solid FY 2023-24 release - WizzAir has just released its detailed FY figures to end March 2024. Net profit was 4.3% above the consensus figure at € 365.9m (-€ 535.1m for the previous FY) on revenues of € 5,073m (including a revenue impact from Israel and wider regional crisis at around € 80m) leading to a net margin of 7.2%. Unit revenue (RASK) was up 4.6% y-o-y, with ticket RASK +11.2% and ancillary revenue down -2.6%. Unit cost (CASK) was down by 14.8% y-o-y, with...Wizz Air Holding is a European airline. As of Mar 31 2017, Co. provided more than 500 routes from 28 bases, connecting 141 destinations across 42 countries. Co. has two reportable segments: the airline and the tour operator business units, marketed under the Wizz Air and Wizz Tours brand names, respectively. Wizz Air sells flight tickets and related services to external customers and, to an extent, to Wizz Tours. Wizz Tours sells travel packages to external customers covering the network of Wizz Air.
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.
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