Finnair Oyj (GB:0EG8)
LSE:0EG8
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Earnings Data
Report Date
Jul 22, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.15Last Year’s EPS
0.02Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a broadly positive operational and financial picture: strong revenue growth, higher passenger volumes (+7.3%), improved unit economics in Asia (ASK +9%, load factors +7%), robust cash generation (EUR 274m), effective near‑term fuel hedging (82% Q2 coverage) and clear strategy execution (fleet orders, ancillary growth +20% volume, loyalty +27%). Key risks relate to the war in the Middle East, elevated jet fuel prices and potential fuel availability issues, a declining hedging coverage over time, and a modest Q1 revenue dip in Travel Services (‑4%). On balance the operational and financial progress and strong liquidity position outweigh the geopolitical and fuel risks in the near term.Company Guidance
Operating Result Improvement to Near Break‑Even
Comparable operating result improved by ~EUR 40m year‑on‑year to almost break‑even in Q1 2026, reflecting improved operational platform and execution of the new strategy.
Double‑Digit Revenue Growth and Strong Demand
Revenue rose by a double‑digit percentage in Q1 2026 (vs Q1 2025), driven by strong demand particularly in Asian traffic and late‑quarter spillover from Middle East airspace closures.
Passenger and Load Factor Improvements
Number of passengers increased +7.3% YoY; load factors rose broadly across traffic areas (Asia load factors up ~7%).
Asia Performance
Asia ASK grew ~9% and RASK rose even more, supported by strong demand, reactivation of Japanese and business travelers and increased connectivity via Helsinki.
Strong Cash Flow and Healthy Balance Sheet Metrics
Operating cash flow of EUR 274m in Q1; CapEx ~EUR 100m (including EUR 20m prepayment for new Embraers); net debt reduced, leverage 1.2x and cash-to-sales ratio ~30%.
Effective Fuel Hedging
Robust hedging profile mitigated fuel price spikes: ~86% hedged at the start of the fiscal year, 82% of Q2 fuel hedged and 69% for the remainder of 2026; cost level under hedges ~<$700/ton.
Customer Satisfaction and Loyalty Gains
Overall customer satisfaction index 36 (+2 pts YoY) and core customers scoring >40; active Finnair Plus members increased +27% YoY.
Commercial and Revenue Diversification
Ancillary revenue per passenger +12.5% and ancillary revenue volume +20%; total ancillaries >EUR 50m in Q1, reflecting successful retailing and personalization initiatives.
Operational Reliability
Flight regularity of 98.3% in Q1 and improving into Q2, indicating strong operational performance.
Fleet & Network Execution
Order confirmed for 18 E2 Embraers (with options/rights), plans to acquire up to 12 A320/321ceos from the secondary market (2027–2029), additions of E1 Embraers and 2 ATR72‑600s in 2026 to support growth; Melbourne service planned for late October 2026.
Guidance and Strategic Targets
2026 capacity guidance adjusted to ~3% ASK growth; revenue guidance unchanged at EUR 3.3–3.4bn and comparable operating result guidance EUR 120–190m. Strategy targets 6–8% EBIT margin by 2029 and ~EUR 100m profitability improvement via ~110 initiatives.
Booking Momentum
Ticket liability (bookings) increased +10% YoY, indicating healthy forward demand across regions and supporting summer season outlook.
GB:0EG8 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GB:0EG8 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 22, 2026 | €2.95 | €3.01 | +1.83% |
Feb 11, 2026 | €3.04 | €3.52 | +15.85% |
Oct 30, 2025 | €2.65 | €2.62 | -1.13% |
Jul 16, 2025 | €3.09 | €2.72 | -11.91% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Finnair Oyj (GB:0EG8) report earnings?
Finnair Oyj (GB:0EG8) is schdueled to report earning on Jul 22, 2026, Before Open (Confirmed).
What is Finnair Oyj (GB:0EG8) earnings time?
Finnair Oyj (GB:0EG8) earnings time is at Jul 22, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Finnair Oyj stock?
The P/E ratio of Finnair Oyj is N/A.
What is GB:0EG8 EPS forecast?
GB:0EG8 EPS forecast for the fiscal quarter 2026 (Q2) is 0.15.