Full Year 2020 Ryanair Holdings PLC Earnings Pre-Recorded Presentation Transcript

May 18, 2020 / NTS GMT
Presentation
May 18, 2020 / NTS GMT

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Corporate Participants
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* Michael O'Leary
Ryanair Holdings plc - Group CEO & Executive Director
* Neil Sorahan
Ryanair Holdings plc - Group CFO

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Michael O'Leary - Ryanair Holdings plc - Group CEO & Executive Director

Good morning, ladies and gentlemen. Welcome to the Ryanair Full Year Results Presentation for the Year Ended March 31, 2020. Obviously, these results are somewhat historic now given the dramatic and sudden, indeed unprecedented, impact of the COVID-19 pandemic on not just Ryanair but all Europe's airlines since the middle of March. But we'll run through the presentation and explain how we responded to the COVID-19 crisis.

You would have seen this morning, we published our results for the last 12 months for the year ended 31 march. It was a reasonably successful year. We reported a profit after tax of just over EUR 1 billion. It would have been slightly higher if the second half, we hadn't lost 5

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