Wizz Air Holdings

A roadmap to more than triple the business

  • Sectors : Airlines & Other Transport
  • Companies : Wizz Air Holdings

Ratings and price correct at time of issue.

  • Wizz Air Holdings

    Closing Price: 4095p

  • RATING 21/06/16

  • PREVIOUS RATING N/A

DAVY VIEW

Wizz Air’s analyst day highlighted its management team’s vision to build an airline capable of operating 300 aircraft (from 90 currently) within the next decade and generate €6-7bn of revenues with €1bn of profit (from €2.0bn and €283m respectively in FY 2018). This implies broadly stable unit revenue and margins metrics today and while this will clearly depend on market demand and competitor reactions, the company will look to build the appropriate systems and processes early on to ensure execution is not an issue – an important variable in the investment case of a high-growth, high-margin business.

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Mar 1 2018, 09:05 GMT

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