Dublin/Frankfurt/Paris (dpa -AfX) – Surprisingly positive quarterly figures drove Ryanair’s shares on a record high on Monday. The papers of Europe’s largest low -cost aircraft were set up by almost ten percent to 25.40 euros in the early trade on the stock exchange in Dublin and ended an abruptly two -week downward trend.
Most recently, the Ryanair papers had an increase of 5.8 percent. This made them one of the best values in the permanent Irish guiding index Iseq Overall.
In Frankfurt, Lufthansa benefited with an above -average profit of 1.3 percent. The Air France-KLM’s share certificates attracted 2.4 percent on the stock exchange in Paris. The direct competitor Easyjet’s papers increased by 1.3 percent in London.
The late Easter date and higher ticket prices had given Ryanair an unexpectedly powerful leap. Analysts found words for the Irish.
The airline had clearly exceeded expectations of the net result, wrote expert Alex Irving from the US analysis house Bernstein Research. At the same time, the Irish would have kept the costs under control despite the inflation pressure. Analyst Ruairi Cullinane from the Canadian Bank RBC, the optimism with a view to the further course of the year should be solidified ./la/bek/mis
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