O’Leary: Ryanair shareholders won’t get cash return until 2024

📆 31/07/2022 17:30:00
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Ryanair has said it does not expect to return cash to shareholders until at least March 2024, the end of its next financial year, despite the strength of its post-Covid-19 recovery.

At the end of June 2022, the airline’s net debt had fallen to €400 million from the €1.

45 billion it recorded on March 31. But it said the next two years would be a period of capital expenditure of over €2 billion per year, ...

Source: Loan Digest (loandigest.net)

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