Wizz Air Holdings PLC (BUD:WIZZAIR)
Ft 6125 185 (3.11%) Market Cap: 629.89 Bil Enterprise Value: 2.56 Til PE Ratio: 0 PB Ratio: 8.39 GF Score: 61/100

Half Year 2022 Wizz Air Holdings PLC Earnings Call Transcript

Nov 04, 2021 / 09:00AM GMT
Operator

Hello and welcome to the Wizz Air F 2022 Half Year Results. (Operator Instructions) Just to remind you, this conference call is being recorded. Today I'm pleased to present Wizz Air's CEO, Jozsef Varadi; and Wizz Air Executive Vice President and Group CFO, Jourik Hooghe. Please begin your meeting.

József VÃ;radi
Wizz Air Holdings Plc - CEO & Executive Director

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Thank you very much. So again, good morning, everyone. Thank you for coming. Really appreciate your presence, and good to see you as human beings around us. Good to be back in life, in business.

So this is to report the first half of our financial year called Fiscal '22. So maybe I would start with a quick wrap-up upfront. So in summer, just behind us, we ramped up operations pretty much to 2019 capacity levels. This is one of the highest in the industry in Europe. We did pretty well on that. It was a profitable quarter in terms of operating profit. So we were clearly seeing a ramp up of the financial metrics as well during this period.

We delivered positive cash

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