Upcoming Ryanair results will be "very strong" - analyst

Ryanair is set to produce very strong quarterly results for the period from April to the end of June with net profits likely to double to almost double to €154.1 million, according to Davy Stockbrokers.

22nd July, 2014
Ryanair is continuing to gain market share, said an analyst.

Ryanair is set to produce very strong quarterly results for the period from April to the end of June with net profits likely to double to almost double to €154.1 million, according to Davy Stockbrokers.

A briefing note by Davy analyst Stephen Furlong ahead of next week’s results announcement said that since the airline’s full-year results in May, strikes and the threat of strikes at rivals and positive currency movements should have contributed positively....

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