- Wizz Air reported operating profit of €139.7m for year ended 31 March.
- Analysts expected operating profit of €88.51m.
- Company increased capacity in the period.
- Cost control measures supported revenue.
- Middle East conflict affected operations.
Wizz Air has reported an annual operating profit that exceeds analysts’ expectations. The budget carrier increased capacity and tightened cost control to support revenue growth. The Middle East conflict disrupted operations across the airline industry.
Wizz Air cut costs and boosted promotions after its shares fell following a profit warning linked to higher fuel costs and disrupted flights in the region. The company recorded an operating profit of €139.7m for the year ended 31 March compared with analysts’ expectations of €88.51m according to LSEG data.
Wizz Air gave no forecast for fiscal 2027 because of limited visibility from the prolonged Iran war.
Wizz Air shared “The company reported an operating profit of €139.7m for the year ended March 31 compared with analysts expectations of €88.51m.”
