Ryanair Holdings Plc (RYAAY) Q2 2025 Earnings Call Transcript Summary
Ryanair Holdings Plc (RYAAY) Q2 2025 Earnings Call Transcript Summary
Operating costs were up by 8%, slightly less than traffic growth, despite higher staffing costs partially due to Boeing delivery delays.The following is a summary of the Ryanair Holdings Plc (RYAAY) Q2 2025 Earnings Call Transcript:
以下是 ryanair 控股有限公司 (RYAAY) 2025 年第二季度业绩会实况摘要：
Financial Performance:
财务表现：
Ryanair reported a first-half (H1) after-tax profit of EUR 1.8 billion, a decrease of 18% compared to the previous year.
Revenue increased by 10% to EUR 2.74 billion, tracking above the 9% traffic growth.
Operating costs were up by 8%, slightly less than traffic growth, despite higher staffing costs partially due to Boeing delivery delays.
The company is 85% hedged for the second half of FY '25 at $79 per barrel and 75% for FY '26 at $77 per barrel.
rnyair 报告称，上半年 (H1) 洁后利润为 18亿欧元，比去年同期下降了 18%。
营业收入增长了 10%，达到 27.4亿欧元，超过了 9% 的交通量增长。
尽管因波音交货延误造成人员成本增加，但经营成本上涨了 8%，略低于交通量增长。
公司对 FY '25 下半年 85% 以每桶 79 美元的价格进行了套期保值，并对 FY '26 的 75% 以每桶 77 美元的价格进行了套期保值。
Business Progress:
业务进展:
Anticipates slowing growth due to Boeing delivery delays, with revised passenger targets for FY '25 and FY '26.
Opened five new bases and launched 200 new routes; continues strategic OTA partnerships, now covering over 90% of all OTAs.
Plans to complete a EUR 800 million follow-on share buyback by mid-2025.
Declared an interim dividend of EUR 0.223 per share.
预计因波音交货延误而增长放缓，修订了 FY '25 和 FY '26 的乘客目标。
开设了五个新基地并推出了200条新航线；继续战略性OTA合作伙伴关系，目前覆盖超过所有OTA的90%。
计划在2025年中完成80000万欧元的后续股票回购。
宣布每股0.223欧元的中期股息。
Opportunities:
机会：
Strong balance sheet enabling aggressive fuel hedging and share buybacks.
Expanded OTA partnerships to streamline customer bookings and secure direct sales. Aims for full OTA integration despite delays with certain OTAs.
强劲的资产负债表使其能够进行积极的燃油避险和股票回购。
扩大OTA合作伙伴关系，简化客户预订并确保直接销售。尽管某些OTA出现延迟，但仍致力于全面OTA集成。
Risks:
风险：
Continued impact of Boeing delivery delays, adjusting fleet expansion and growth forecasts accordingly.
Pricing pressures due to economic tightening in Europe, exacerbated by fewer aircraft deliveries impacting capacity.
波音交付延误的持续影响，相应调整机队扩张和增长预测。
欧洲经济收紧导致价格压力增加，少飞机交付影响了产能。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由人工智能生成。内容准确性无法完全保证。如需更全面详情，请参阅IR网站。本文仅供投资者参考，不具有任何指导或推荐建议。
