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MarketScreener Homepage  >  Equities  >  Irish Stock Exchange  >  Ryanair Holdings plc    RY4C   IE00BYTBXV33

RYANAIR HOLDINGS PLC

(RY4C)
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Ryanair : to challenge Portugal's TAP bailout in EU courts

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07/03/2020 | 01:16pm EDT
Outbreak of the coronavirus disease (COVID-19) in Dublin

Ryanair said on Friday it will challenge the Portuguese government's investment in ailing flag carrier TAP in the European courts, arguing that it is "illegal state aid".

Portugal's government announced on Thursday it had sealed a final deal with private shareholders of TAP to increase its stake to 72.5% from 50%.

"Ryanair will challenge this illegal state aide to TAP in the European Courts and will continue to campaign for a level playing field in Portugal for all airlines," Ireland-based Ryanair said in a statement.

(Reporting by Conor Humphries; Editing by Susan Fenton)

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Financials
Sales 2021 3 176 M 3 750 M 3 750 M
Net income 2021 -660 M -779 M -779 M
Net Debt 2021 2 464 M 2 910 M 2 910 M
P/E ratio 2021 -23,1x
Yield 2021 -
Capitalization 13 664 M 16 113 M 16 133 M
EV / Sales 2021 5,08x
EV / Sales 2022 2,17x
Nbr of Employees 17 000
Free-Float 95,1%
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Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 13,31 €
Last Close Price 12,54 €
Spread / Highest target 59,6%
Spread / Average Target 6,21%
Spread / Lowest Target -25,2%
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NameTitle
Michael O’Leary Group Chief Executive Officer & Executive Director
Stan McCarthy Non-Executive Chairman
Neil Sorahan Group Chief Financial Officer
Tracey McCann Chief Financial Officer
John Hurley Chief Technology Officer
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