Ryanair’s Q3 performance was largely affected by travel restrictions in Europe and its near-term future is full of uncertainties much like its rivals. Although the group indicates no further debt or financing needs in the coming year, its narrowed (but still correct) cash position after taking into account the scheduled outflows might be hard to enthuse the market. Its balance sheet remains solid though.
01 Feb 2021
Solid balance sheet to cope with the highly uncertain near future
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Solid balance sheet to cope with the highly uncertain near future
Ryanair’s Q3 performance was largely affected by travel restrictions in Europe and its near-term future is full of uncertainties much like its rivals. Although the group indicates no further debt or financing needs in the coming year, its narrowed (but still correct) cash position after taking into account the scheduled outflows might be hard to enthuse the market. Its balance sheet remains solid though.