Wizz Air Holdings

Maintaining strong liquidity and flexibility

  • Sectors : Airlines
  • Companies : Wizz Air Holdings

Ratings and price correct at time of issue.

  • Wizz Air Holdings

    Closing Price: 3424.0p

  • RATING 09/09/19

  • PREVIOUS RATING 20/06/18

    OUTPERFORM

DAVY VIEW

Wizz’s FY20 results, including 16% capacity growth and 30% earnings growth, demonstrate the momentum it had prior to the existing COVID-19 environment. Management’s intention is to ensure it has similar momentum coming out the other side. This will be underpinned by its strong liquidity levels, low-cost base and flexible network. There will be a conference call at 09.00.

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Jun 3 2020, 08:55 IST/BST

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