DUBLIN (Reuters) – Ryanair reported after-tax profit for the three months to the end of December ahead of analyst forecasts on Monday, but Europe’s largest low-cost carrier again trimmed its forecast for passenger numbers on Boeing (NYSE:BA) delivery delays.
After tax-profit for the third quarter of Ryanair’s financial year was 149 million euros ($156 million), well ahead of the 60 million euro profit forecast in a company poll of analysts.
That was mainly due to a better-than-expected 1% increase in average fares in the quarter, compared to a fall of 7% during the previous quarter, Chief Financial Officer Neil Sorahan said.
($1 = 0.9564 euros)
