Business
Q1 F25 Results
Q1 F25 Results.
About this update from Wizz Air Holdings Plc
[{"type":"text","content":"\n\n \nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION WITHIN THE MEANING OF THE UK MARKET ABUSE REGULATION.\nWIZZ AIR HOLDINGS PLC - RESULTS FOR THE THREE MONTHS TO 30 JUNE 2024\n \nDELIVERING DESPITE DISRUPTIONS\n \nLSE: WIZZ\n \nGeneva, 1 August 2024: Wizz Air Holdings Plc (\"Wizz Air\", \"the Company\" or \"the Group\"), one of the most sustainable European airlines, today issues unaudited results for the three months to 30 June 2024 (\"first quarter\", \"Q1\" or \"Q1 F25\").\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFor the three months ended 30 June\n\n\n2024\n\n\n2023\n\n\nChange\n\n\n\n\nPeriod-end fleet size\n\n\n218\n\n\n182\n\n\n19.8%\n\n\n\n\nASKs (million km)\n\n\n29,179\n\n\n29,544\n\n\n(1.2)%\n\n\n\n\nLoad factor (%)\n\n\n91.0\n\n\n91.2\n\n\n(0.1)ppt\n\n\n\n\nPassengers carried (million)\n\n\n15.35\n\n\n15.27\n\n\n0.5%\n\n\n\n\nTotal revenue (€ million)\n\n\n1,259.3\n\n\n1,236.6\n\n\n1.8%\n\n\n\n\nEBITDA (€ million)1\n\n\n274.6\n\n\n236.7\n\n\n16.0%\n\n\n\n\nEBITDA Margin (%)1\n\n\n21.8\n\n\n19.1\n\n\n2.7ppt\n\n\n\n\nOperating profit for the period (€ million)\n\n\n44.6\n\n\n79.9\n\n\n(44.2)%\n\n\n\n\nNet profit for the period (€ million)\n\n\n1.2\n\n\n61.1\n\n\n(98.0)%\n\n\n\n\nRASK (€ cent)\n\n\n4.32\n\n\n4.19\n\n\n3.1%\n\n\n\n\nTotal CASK (€ cent)\n\n\n4.30\n\n\n4.02\n\n\n7.0%\n\n\n\n\nFuel CASK (€ cent)\n\n\n1.58\n\n\n1.50\n\n\n5.0%\n\n\n\n\nEx-fuel CASK (€ cent)\n\n\n2.72\n\n\n2.51\n\n\n8.2%\n\n\n\n\nTotal cash (€ million)1,2\n\n\n1,838.4\n\n\n1,588.9\n\n\n15.7%\n\n\n\n\nNet debt (€ million)1,3\n\n\n4,828.6\n\n\n4,790.1\n\n\n0.8%\n\n\n\n\n1 For further definition of non-financial measures presented refer to \"Alternative performance measures (APMs)\" and \"Glossary of terms\" sections of this document.\n2 Comparative figure is total cash balance as at 31 March 2024. Total cash is a non-statutory financial performance measure and comprises cash and cash equivalents (30 June 2024: €1,117.4 million; 31 March 2024: €728.4 million), short-term cash deposits (30 June 2024: €610.9 million; 31 March 2024: 751.1) and total current and non-current restricted cash (30 June 2024: €110.2 million; 31 March 2024: €109.4 million).\n3 Comparative figur...