HALISTER: IAG 1Q Profit Beats Estimate, Reiterates FY View

IAG 1Q Profit Beats Estimate, Reiterates FY View

(Bloomberg) -- IAG 1Q operating profit EU155m, est. EU139m.
  • Revenue EU5.1b, est EU4.97b
  • Passenger unit revenue for the quarter down 3.5 per cent
  • Non-fuel unit costs for the quarter up 1.3 per cent
  • Outlook: Revenue trends in quarter two have been affected by the aftermath of the Brussels terrorist attacks, as well as some softness in underlying premium demand; still expects to generate an absolute FY operating profit increase similar to 2015.
  • Statement
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  • Call 9am U.K. 44 20 3427 0503 pin 7809654
Alert: HALISTER
Source: BFW (Bloomberg First Word)

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IAG LN (International Consolidated Airlines Group SA)

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