Wizz Air Holdings

Solid Q2 allows tightening of full-year net income range

  • Sectors : Airlines
  • Companies : Wizz Air Holdings

Ratings and price correct at time of issue.

  • Wizz Air Holdings

    Closing Price: 3871.0p

  • RATING 09/09/19

  • PREVIOUS RATING 20/06/18

    OUTPERFORM

DAVY VIEW

Wizz Air has delivered a solid second quarter, broadly in line with expectations. Ancillaries per passenger continue to underpin much of the growth, up 18% in the half at a good drop-through to the bottom line. The full-year guide has been narrowed to €335-350m (from €320-350m), albeit market expectations were already towards the top end of this (€356m).

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Nov 13 2019, 08:45 GMT

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