Download full report with analyst certification and important disclosures
Nov 3 2025, 06:50 GMT
Ryanair (RYA) produced a record Q2, ahead of Davy and sell-side estimates. We view the outlook statement as positive – RYA now expects to recover “all” of last year’s 7% full-year fare decline. We are likely to move upwards our FY estimates to >€2.2bn net income. RYA’s balance sheet and singular focus business model make it the winner in its chosen segment.
Nov 3 2025, 06:50 GMT