The results, which excluded Lauda, also reported strong traffic growth, up 7% to 139 million, but the airline said this was offset by a 6% decline in fare value.
Ancillary growth of 19% was also offset by higher fuel, staff and EU261 (compensation) costs, Ryanair said.
The airline’s chief executive Michael O’Leary said: “Short-haul capacity growth and the absence of Easter in Q4 led to a 6% fare decline, which stimulated 7% traffic growth to over 139 million.”
Revenues rose 6% to €7.6 billion.