trending Market Intelligence /marketintelligence/en/news-insights/trending/ZTqTxwpfoFXNZRS2RwX0tQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

IAG profit misses consensus by 89.9% in Q1

Blog

Q&A: Navigating Climate Risk as a Financial Risk

Blog

Bundling fixed & mobile services is still a popular strategy for operators in Western Europe especially in Portugal and Spain

Blog

Fintech Intelligence Newsletter: February 2021

PODCAST

Episode 5: The Future of Work - The World of Workforce Experience and Productivity


IAG profit misses consensus by 89.9% in Q1

International Consolidated Airlines Group SA said its normalized net income for the first quarter amounted to €21.9 million, a decrease of 60.7% from €55.6 million in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin declined to 0.5% from 1.1% in the year-earlier period.

Total revenue declined year over year to €4.93 billion from €5.08 billion, and total operating expenses decreased from the prior-year period to €4.79 billion from €4.90 billion.

Reported net income fell 76.7% year over year to €27.0 million, or 1 cent per share, from €115.8 million, or 5 cents per share.