VAH 0.00% 8.6¢ virgin australia holdings limited

Aug 10 (Reuters) - Virgin Australia Holdings Ltd (VAH) FY17...

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    Aug 10 (Reuters) - Virgin Australia Holdings Ltd (VAH)

    • FY17 group underlying loss before tax of $3.7 million - with a significant improvement in performance in Q4 FY17, up $38.4 million on Q4 FY16
    • Fy group statutory loss after tax of $185.8 million - an improvement of $38.9 million on FY16
    • Positive momentum seen in Q4 FY17 expected to continue and underlying performance for Q1 FY18 is expected to improve compared to Q1 FY17
    • "Underlying performance for Q1 FY18 is expected to improve compared to Q1 FY17"
    • FY group revenue was $5,047.3 million, an improvement of $26.3 million on the 2016 financial year
    • "For the 2018 financial year, the group is highly hedged against adverse movements in fuel prices and foreign exchange rates"
    • FY group revenue passengers $24.2 million, up 1.9 percent
    • FY group revenue load factor 80.2%, up 0.8 points
 
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Currently unlisted public company.

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