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    RYA   IE00BYTBXV33

RYANAIR HOLDINGS PLC

(RYA)
  Report
Real-time Irish Stock Exchange  -  11:36:09 2023-01-27 am EST
15.52 EUR   +2.51%
01/28UK regional airline Flybe ceases trading, cancels all flights
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01/28UK regional airline Flybe ceases trading, cancels all flights
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01/27Muted trade in Europe ahead of central banks
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Inflation is good for Ryanair's growth, CEO says

10/25/2022 | 07:03am EST

LISBON, Oct 25 (Reuters) - The worldwide surge in inflation is a boon for Ryanair's growth, the budget airline group's Chief Executive Officer Michael O'Leary told a news conference in Lisbon on Tuesday.

Countries across Europe have been grappling with soaring prices brought on by factors such as Russia's invasion of Ukraine, global supply shortages, and the COVID-19 pandemic.

"We think recession, price inflation is very good for our growth," O'Leary said, explaining that in crises, passengers do not stop flying completely, but rather become more price-sensitive and opt for cheaper airlines like Ryanair.

"We see that continuing," the CEO said.

Some European airlines have recently said demand for travel was holding up, calming worries that pressure on household budgets could stall aviation's recovery from the pandemic.

On Oct. 13, O'Leary said the sustained demand appeared to be supported by savings built up during the pandemic.

However, he then sounded a note of caution over how long that could endure, as he expected customers' disposable income to get hit by higher interest rates and cost of living further into the northern hemisphere winter. (Reporting by Catarina Demony, Writing by David Latona; Editing by Andrei Khalip and Mark Potter)


ę Reuters 2022
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Analyst Recommendations on RYANAIR HOLDINGS PLC
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Financials
Sales 2023 10 676 M 11 589 M 11 589 M
Net income 2023 1 295 M 1 406 M 1 406 M
Net Debt 2023 604 M 655 M 655 M
P/E ratio 2023 13,7x
Yield 2023 -
Capitalization 17 672 M 19 184 M 19 184 M
EV / Sales 2023 1,71x
EV / Sales 2024 1,45x
Nbr of Employees 19 000
Free-Float 95,9%
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Technical analysis trends RYANAIR HOLDINGS PLC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 17
Last Close Price 15,52 €
Average target price 18,44 €
Spread / Average Target 18,8%
EPS Revisions
Managers and Directors
Michael OĺLeary Chief Executive Officer & Executive Director
Neil Sorahan Treasurer
Stan McCarthy Non-Executive Chairman
John Hurley Chief Technology Officer
Louise Phelan Senior Independent Non-Executive Director
Sector and Competitors