Ryanair - 9

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First half results

First half results: Half Yearly Report - London Stock Exchange

Summary:

• Profit up from €544m to €596m
• Full year 2013 profit guidance raised to €490m to €520m (suggesting a loss of €70-100m over the second half)
• Average fare up 6%
• Passengers up 7%
• Revenues up 15%
• Fuel costs in Summer 2013 will rise by 5% (was 9% this year)
• €489m dividend to be paid this month
• H2 traffic to be roughly flat. Up to 80 aircraft to be grounded. H2 yields to rise by up to 4%