Bond.az -- Ryanair Holdings shares fell over 3% on Monday after Europe's largest budget airline declined to issue a full-year profit forecast for fiscal 2027, even as it reported a record pre-exceptional profit after tax of €2.26 billion for the year ended March 31, up 40% from €1.61 billion a year earlier.
The Dublin-based carrier said it could not provide annual guidance, citing Middle East conflict, fuel price volatility and limited booking visibility.
"With zero H2 visibility and significant fuel price/potential supply volatility it is far too early to provide any meaningful FY27 profit guidance at this time," Chief Executive Michael O'Leary said in a statement.
Total revenue for the full year rose 11% to €15.54 billion on a 4% increase in passengers to 208.4 million. Scheduled revenue rose 14% to €10.56 billion, with fares up 10% to approximately €51 per passenger. Ancillary revenue rose 6% to €4.99 billion.
Fourth-quarter sales of €2.51 billion beat estimates. Fourth-quarter net loss narrowed to €311 million. Ryanair forecast fiscal 2027 traffic of about 216 million passengers, up 4%, while warning that first-quarter fares would trail the prior year.
