Wizz Air Holdings (GB:WIZZ) has released an update.
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Wizz Air Holdings PLC reported a modest year-over-year increase in passengers and total revenue for Q1 F25, carrying 15.35 million passengers and generating €1,259.3 million. Despite a challenging quarter marked by aircraft groundings and higher operational costs, the company saw a 16.0% rise in EBITDA to €274.6 million. However, net profits significantly decreased to €1.2 million, primarily due to unrealized foreign exchange impacts.
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