Ryanair published today a profit warning, reducing its FY net profit guidance by 5% from a range of €1,375-1,425m to a new range of €1.30-1.35bn. This is mainly due to deteriorating profitability which has been affected by the 18% fall in sterling post the Brexit vote.
19 Oct 2016
Strongly impacted by sterling but adapting efficiently
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Strongly impacted by sterling but adapting efficiently
Ryanair Holdings Plc (0RYA:LON) | 1,805 0 0.0% | Mkt Cap: 20,553m
- Published:
19 Oct 2016 -
Author:
Thomas Picherit -
Pages:
2
Ryanair published today a profit warning, reducing its FY net profit guidance by 5% from a range of €1,375-1,425m to a new range of €1.30-1.35bn. This is mainly due to deteriorating profitability which has been affected by the 18% fall in sterling post the Brexit vote.