Jun 03, 2020 / 08:00AM GMT
Operator
Welcome to the Wizz Air 2020 Full Year Results Call. (Operator Instructions)
Just to remind you, this conference call is being recorded. Today, I am pleased to present József Váradi, CEO; and Jourik Hooghe, CFO. Gentlemen, please begin your meeting.
József Váradi - Wizz Air Holdings Plc - CEO & Executive Director
Good morning, everyone. This is József. Thank you for joining this call. This is kind of an unprecedented format of delivering results, but these are the times we are in. As a matter of fact, Wizz Air delivered record revenue and net profit. Maybe nobody is interested anymore about the performance of the last financial year, but actually, we had a pretty good year. Revenue grew 20%. Net profit grew 30% and we expanded our margin performance. The improvement came in on the basis of very significant asset revenue growth. We grew those revenues by 14% per passenger and also on a very strong cost performance, ex-fuel costs came down 1%. And you recall that this is sort of the guidance that we had been giving to the market
Full Year 2020 Wizz Air Holdings PLC Earnings Call Transcript
Jun 03, 2020
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers