Monday, May 16, 2022

Ryanair FY22 Loss Narrows, Sees Reasonable Profitability In FY23; Stock Dips

Ryanair Holdings Plc reported Monday a loss in its fiscal year 2022, narrower than last year, with strong growth in traffic and load factor. Looking ahead, the company said it expects to return to reasonable profitability in fiscal 2023. Shares of the low fares airline were losing around 4 percent in the morning trading in Germany.

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