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Apr 3 2020, 07:40 IST/BST
Ryanair Holdings
Cash is king
- Sectors : Airlines
- Companies : Ryanair Holdings
DAVY VIEW
Ryanair has updated the market — it has €3.8bn of cash at March year-end and 327 (77%) unencumbered aircraft. Net profits for FY 2020 will be €950-1000m, with a €300m exceptional charge for fuel hedges into FY 2021. This is not unexpected and the next update is FY results on May 18th.
