The earnings call highlighted significant achievements such as the growth in ancillary sales and expansion in the Asian market. However, these positive aspects were overshadowed by the substantial negative impacts of industrial actions, including financial losses and operational disruptions, as well as softening demand in key markets like North Atlantic. Despite the resolution of labor disputes and maintaining a solid cash position, the overall sentiment is challenged by the negative financial outlook and operational setbacks.
Company Guidance -
Q3 2025
During the Finnair Second Quarter 2025 Earnings Call, CEO Turkka Kuusisto addressed the significant challenges posed by industrial actions, which led to a drop in comparable operating results to EUR 10 million from EUR 44 million the previous year, primarily due to a EUR 29 million impact from these actions. Despite a 2.8% revenue growth, the airline faced direct industrial action impacts totaling approximately EUR 70 million for the year. The disruptions resulted in the cancellation of 1,300 flights, affecting around 100,000 passengers and negatively impacting the Net Promoter Score (NPS). On a positive note, operational flights still reached 94%, and the conclusion of labor agreements promises operational stability. Revenue rose by 3%, bolstered by an 11.5% increase in ancillary sales, although cargo business remained flat. The cost of sustainable aviation fuel and increased landing charges added EUR 20 million to quarterly expenses. Despite weaker North Atlantic demand, there was favorable growth in Asian routes, especially with increased frequencies to Japan. The airline's equity ratio decreased, but gearing improved due to reduced net debt, with a strong cash position bolstered by a EUR 200 million credit facility. Finnair continues to focus on stabilizing operations and winning back customer trust while preparing for strategic developments toward the end of the year.
Ancillary Sales Growth
Ancillary sales grew by 11.5%, indicating the success of the commercial strategy and product development.
Asia Market Expansion
Increased weekly frequencies to Japan for the summer season, making Finnair the largest carrier between Japan and Europe, with ASK and revenue developing favorably.
Resolution of Industrial Actions
All collective labor agreements have been concluded, stabilizing operations and allowing a return to normal business activities.
Best Airline Recognition
Finnair was selected as the Best Airline in Northern Europe for the 15th consecutive year, and its cabin crew was also recognized as the best in Northern Europe.
Solid Cash Position
Despite challenges, the company maintains a solid cash level with a EUR 200 million revolving credit facility available.
Finnair Oyj (GB:0EG8) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
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
Jul 16, 2025
€3.20
€2.82
-11.88%
Apr 29, 2025
€2.95
€2.44
-17.29%
Feb 13, 2025
€2.49
€2.97
+19.28%
Oct 29, 2024
€2.50
€2.31
-7.60%
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 Oct 30, 2025, Before Open (Confirmed).
What is Finnair Oyj (GB:0EG8) earnings time?
Finnair Oyj (GB:0EG8) earnings time is at Oct 30, 2025, 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.