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Jul 31 2026, 08:08 IST/BST
IAG
Q2 broadly in line; delivering on strategy with operating margin at 12-15%
DAVY VIEW
The Q2 result at €1,406m was broadly in line with estimates, and IAG expects to deliver full year operating margin within its 12-15% target range, generate significant free cash flow and maintain a strong and efficient balance sheet. We expect estimates to be broadly maintained, perhaps marginally shaved, and for the final performance to be at the lower end of the margin target range.
