Qantas Airways Ltd (FRA:QAN)

Half Year 2025 Qantas Airways Ltd Earnings Call Transcript

Feb 26, 2025 / 12:00 AM GMT

Release Date Price: €5.63 (+5.31%)

Transcript

Key Points

Positve

Qantas Airways Ltd (QABSY) reported an underlying profit before tax of $1.39 billion for the first half of 2025, reflecting strong financial performance.
The company announced a fully franked base dividend of $250 million and a special dividend of $150 million, indicating a return of surplus capital to shareholders.
Qantas Airways Ltd (QABSY) is experiencing strong demand across both premium and low-cost travel sectors, with Jetstar fares under $100 attracting over 10 million customers.
The fleet renewal program is progressing well, with 16 new aircraft added, enhancing operational efficiency and customer experience.
Qantas Loyalty program shows promising growth, with active members increasing by 11% year on year, and Classic Plus redeemers earning points at twice the rate of non-redeemers.

Negative

The company faced a $65 million increase in legal provisions related to the ground handling Federal court case, impacting statutory profit.
Unit costs excluding fuel increased by 3.1%, driven by fleet-related entry into service costs and inefficiencies.
There were minor delays in the delivery of new aircraft, which could impact the timing of transformation benefits.
The impact of 'same job, same pay' legislation resulted in $22 million in costs during the first half.
Qantas Loyalty's underlying EBIT was below last year due to significant investment in the Classic Plus redemption product.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

QAN.AX - Qantas Airways Ltd
Half Year 2025 Qantas Airways Ltd Earnings Call
Feb 27, 2025 / 12:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning and welcome to the financial year '25 Qantas Group Investor and analyst briefing for the first half results.

I'd like to begin by acknowledging the traditional custodians of the land on which we meet today, the Wurundjeri people of the Kulin nation, and pay my respects to elders, past and present.

My name is Phillip Kidden and I'm the head of investor relations for the Qantas Group.

I'd like to now pass over to Vanessa Hudson, our CEO to take you through the results.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Thanks Phil, and good

Already have an account? Log in

Get the full story

Subscribe Now

	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...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.