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Market Impact: 0.38

IAG Q1 Profit Rises; Revenue Up 1.9%

IAG
Corporate EarningsCompany FundamentalsTravel & Leisure

IAG reported first-quarter profit after tax of €301 million, up from €176 million a year ago, while basic EPS rose to 6.5 euro cents from 3.7. The update also said operating profit before exceptional items was €351 million, indicating improved underlying performance. The results are positive for the airline group's fundamentals and should modestly support sentiment around the stock.

Analysis

IAG reported first-quarter profit after tax of €301 million, up from €176 million a year ago, while basic EPS rose to 6.5 euro cents from 3.7. The update also said operating profit before exceptional items was €351 million, indicating improved underlying performance. The results are positive for the airline group's fundamentals and should modestly support sentiment around the stock.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.42

Ticker Sentiment

IAG0.55