Ryanair Holdings PLC
2015 Annual Financial Report
The Group's Annual Report and Financial Statements have been posted.
Chief Executive's Report
Dear Shareholders,
We are pleased to present Ryanair's 2015 Annual Report. In 2015 we delivered a record 66% increase in profits, from €523m in FY2014 to €867m this year. We are pleased that most of this growth came from lower operating costs (including fuel) while our average fares remained relatively flat. We intend to keep our fares low while competitors are raising prices, as this will underpin strong traffic growth over the coming years. Last year Ryanair opened 143 new routes, and 8 new bases.
For the full version of the Annual Report please view the attached PDF
http://www.rns-pdf.londonstockexchange.com/rns/5748U_1-2015-7-30.pdf