The low-cost carrier on Friday (January 18) adjusted its full-year profit guidance down from €1.1 to €1.2 billion to €1 to €1.1 billion.
Its revised guidance excludes exceptional start-up losses pertaining to its acquisition of LaudaMotion, completed in August.
Ryanair said these losses had been cut from €150 million to €140 million following “better than expected” performance over the winter.
The warning comes despite 9% traffic growth to 142 million passengers, stronger ancillary sales and better than expected H2 cost performance.
