Latest news with #RyanairHoldings
Bloomberg
3 days ago
- Business
- Bloomberg
Ryanair's €100 Million CEO Is the Jürgen Klopp of Airlines
The way Michael O'Leary tells it, the more than €100 million ($113 million) bonus he unlocked this week for doubling Ryanair Holdings Plc's stock price should be uncontroversial; after all, top soccer players and managers are paid upward of €20 million a year. But O'Leary, 64, is now in his fourth decade running the notoriously penny-pinching airline that he's fashioned into Europe's largest carrier by passenger volume. So he's mature enough to appreciate that two apparently contradictory views can hold true: that his executive compensation plan was flawed in its design, while overall he's done a good job and deserves commensurate reward.
Bloomberg
4 days ago
- Business
- Bloomberg
Ryanair Boss Poised for €100-Million Payout as Shares Hit Target
Ryanair Holdings Plc 's chief executive officer has just become eligible for a €100-million ($114 million) bonus, granting Michael O'Leary one of the biggest payouts among European public company executives in recent years. Shares of the no-frills Irish low-cost airline closed above €21 for the 28th consecutive calendar day on Thursday, qualifying the outspoken boss for the huge bonus. O'Leary is required to remain at the airline for another three years until the options vest to claim the prize.
Business Insider
21-05-2025
- Business
- Business Insider
Ryanair Holdings (RYA) Receives a Buy from Kepler Capital
In a report released on May 19, Marc Zeck from Kepler Capital maintained a Buy rating on Ryanair Holdings (RYA – Research Report), with a price target of €27.00. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter According to TipRanks, Zeck is a 4-star analyst with an average return of 12.0% and a 72.41% success rate. In addition to Kepler Capital , Ryanair Holdings also received a Buy from Citi's Charles Armitage in a report issued yesterday. However, on May 19, Jefferies maintained a Hold rating on Ryanair Holdings (Dublin: RYA).
Yahoo
20-05-2025
- Business
- Yahoo
Ryanair Holdings PLC (RYAAY) Full Year 2025 Earnings Call Highlights: Navigating Challenges ...
Profit After Tax: EUR1.6 billion, down from EUR1.92 billion the previous year. Passenger Traffic Growth: Increased by 9% to 200 million passengers. Average Fares: Decreased by 7%. Ancillary Revenues: Unit ancillary revenues up 1%, total ancillary revenues up 10%. Unit Cost Per Passenger: Remained flat. Fleet Size: 618 aircraft, with 29 more expected by winter for summer 2026. Share Buyback: 7% of shares bought back and canceled. Gross Cash: EUR4 billion. Net Cash: EUR1.3 billion. Bond Maturities: EUR2 billion maturing, with plans to pay down using internal cash. Fuel Hedging: 85% of FY26 fuel hedged at $76 a barrel. Revolving Credit Facility: Increased from EUR750 million to EUR1.1 billion. Forward Bookings: Running 1% ahead of the previous year. Q1 Pricing: Up 14-15%. Q2 Pricing: Expected to be up 4-5%. MSCI World Index Inclusion: Confirmed for the end of May. Warning! GuruFocus has detected 2 Warning Sign with BOM:520111. Release Date: May 19, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Ryanair Holdings PLC (NASDAQ:RYAAY) reported a full-year profit of EUR1.6 billion, despite a challenging pricing environment. The company achieved a record 200 million passengers, driven by a 9% increase in traffic. Unit cost per passenger remained flat, widening the cost gap with competitors and strengthening growth potential. Forward bookings for the summer are running 1% ahead of last year, with Q1 pricing up 14-15%. Ryanair Holdings PLC (NASDAQ:RYAAY) plans to be almost entirely debt-free by next year, with a fleet of 650 aircraft. Profitability declined from EUR1.92 billion to EUR1.6 billion due to a 7% decline in airfares. Boeing delivery delays constrained growth, limiting passenger growth to 3% this year. The company faces EUR2 billion in maturing bonds, which will impact cash flow. Environmental costs are increasing due to higher ATC charges and SAF blend mandates. Ryanair Holdings PLC (NASDAQ:RYAAY) has limited visibility for H2, making full-year guidance uncertain. Q: Michael, tickets revenue per passenger was down only 5% in March without Easter, then up potentially 14%-15% in June with Easter. Have you been surprised by that strength, and where do you see it mostly coming from? A: Michael O'Leary, Group CEO: We're not that surprised by the strength of Q1, but it is more driven by weak prior comps. We had half of Easter in March last year and both halves this year. We're also growing capacity by only 3% this year compared to 9% last year. Geographically, we're allocating more capacity to countries abolishing taxes and incentivizing growth. Q: Can you provide a steer on the phasing of CapEx over the next three years? A: Neil Sorahan, CFO: We're talking about EUR2 billion this year, with a drop in FY27 below EUR2 billion, and then it will start to creep up again into FY28, likely in the EUR2.5 billion to EUR3 billion range. Q: Are you seeing any irrational behavior by competitors in Europe, such as growing capacity or lowering fares? A: Michael O'Leary, Group CEO: There's no irrational pricing because there's no real capacity growth. Some competitors are discounting seat-only pricing, but their discounted pricing is still higher than our entry pricing. Overall, everyone is pricing up, likely due to our historically low growth rate of 3%. Q: Are you seeing any evidence of transatlantic leisure traffic redirecting to Europe, and would you expect any material boost in demand or yields from that? A: Michael O'Leary, Group CEO: It's too early to say definitively, but anecdotally, there seems to be a weakness in EU-originating transatlantic travel, possibly due to perceptions of the US as an unwelcoming destination. However, the underlying trend in pricing is driven by capacity constraints in Europe. Q: Can you clarify the situation with Spanish rules on cabin bag charges? A: Michael O'Leary, Group CEO: The Spanish bag ruling is under appeal, and we continue with our policy of one large free carry-on bag for non-priority passengers and two for priority passengers. We believe the ruling will eventually be overturned by the ECJ. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
20-05-2025
- Business
- Yahoo
Ryanair faces turbulence as airfares decline while costs increase
Ryanair Holdings plc reported its financial year 2025 earnings on Monday, as the company deals with higher costs and lagging airfares. Full-year profit after tax was €1.6 billion, which was a decline from the €1.9bn seen in the previous financial year. However, this was in line with a company poll of analysts. Traffic soared 9% to a record 200 million passengers, despite delays in Boeing deliveries. However, this was a decrease from an earlier target of 205 million passengers. The company revealed that it expects 206 million passengers in the current financial year up to 31 March 2026. Average fares dropped 7%, however, total revenue increased 4% to €14bn for the financial year 2025. Operating costs, which are flat on a per passenger basis, jumped 9% to €12.4bn. This was mainly due to fuel hedge savings offsetting a rise in staff and other costs. Ryanair announced a final dividend of €0.227 per share, which is likely to be paid in September this year, subject to Annual General Meeting (AGM) approval. The airline had 181 B737 'Gamechanger' aircrafts in its fleet as of 30 April. It also launched more than 160 new routes for summer this year. Michael O'Leary, the CEO of Ryanair, said in the FY25 earnings report on the company's website: 'We are working closely with Boeing to accelerate deliveries and are increasingly confident that the remaining 29 Gamechangers in our 210 orderbook will deliver well ahead of S.26, enabling us to catch up delayed traffic growth into FY27.' He added: 'We are seeing robust S.25 travel demand across our network. This year our constrained capacity growth is being allocated to those regions and airports who are abolishing aviation taxes and incentivising traffic growth.' Ryanair has already shared that it expects some unit cost increases this financial year, mainly due to a rise in environmental taxes and air-traffic control charges. However, fuel hedging, new aircrafts and cost control are likely to offset these increases. Ryanair expects European short-haul capacity to be tight for the next few years, mainly because of several European Airbus operators still dealing with Pratt & Whitney engine repairs. Increased EU airline consolidation, such as the upcoming TAP sale is also likely to add to this scenario. 'These capacity constraints, combined with our substantial cost advantage, strong balance sheet, low-cost aircraft orders and industry leading operational resilience will, we believe, facilitate Ryanair's controlled profitable growth to 300m passengers p.a. by FY34,' O'Leary said. The airline revealed that while it does expect to recover most, but not all of the past financial year's 7% fare drop, it is still much too early to provide any clear guidance. This is mainly because the current financial year's result depends heavily on external factors such as the possibility of more tariffs, escalations in Russia-Ukraine or Middle Eastern conflicts and macroeconomic shocks. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
