IAG results out, record Q1
May 5, 2017, 6:21 am
#17
Join Date: Jan 2008
Posts: 3,863
I think you're reading a bit more into 3 months result than I would.
May 5, 2017, 6:35 am
#18
Join Date: Apr 2015
Programs: Some
Posts: 5,323
Share price response this morning has been very positive, need to put the results into context with not superlative numbers by the other legacy carriers, I suppose. The passenger unit revenue down 3.1% at constant FX is the unattractive bit to me (but very understandable given the "pile 'em high and flog 'em cheap" direction of travel from management).
Also, remember the headline numbers are for IAG as a whole and not just BA - financials based purely on BA passengers might not be as rosy.
Also, remember the headline numbers are for IAG as a whole and not just BA - financials based purely on BA passengers might not be as rosy.
May 5, 2017, 8:10 am
#20
Join Date: Jul 2012
Location: London
Posts: 489
So revenue and profit fell.
Sorry I am always skeptical of numbers are it's so easy to 'cook the books' these days!
Because by my books profit down 45% on Q1 last year and revenue down 5.9%.
Am I missing something here?
Or are they making the numbers 'look better than they actually are in reality'
Earnings per share down?
Sorry I am always skeptical of numbers are it's so easy to 'cook the books' these days!
Because by my books profit down 45% on Q1 last year and revenue down 5.9%.
Am I missing something here?
Or are they making the numbers 'look better than they actually are in reality'
Earnings per share down?
May 5, 2017, 9:08 pm
#22
Join Date: Feb 2011
Posts: 5,797
So revenue and profit fell.
Sorry I am always skeptical of numbers are it's so easy to 'cook the books' these days!
Because by my books profit down 45% on Q1 last year and revenue down 5.9%.
Am I missing something here?
Or are they making the numbers 'look better than they actually are in reality'
Earnings per share down?
Sorry I am always skeptical of numbers are it's so easy to 'cook the books' these days!
Because by my books profit down 45% on Q1 last year and revenue down 5.9%.
Am I missing something here?
Or are they making the numbers 'look better than they actually are in reality'
Earnings per share down?
May 6, 2017, 1:40 am
#23
Moderator: British Airways Executive Club, Iberia Airlines, Airport Lounges and Environmentally Friendly Travel
Join Date: Jan 2003
Location: London, UK
Posts: 22,235