Q1 2024 Ryanair Holdings PLC Earnings Call Transcript
Welcome to the Ryanair Holdings plc Q1 FY '24 Earnings Release Call. My name is Maxine, and I'll be coordinating the call today. (Operator Instructions) I will now hand over to your host, Michael O'Leary, Group CEO, to begin. Michael, please go ahead with you are ready.
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Okay. Good morning, ladies and gentlemen. You're welcome to the Q1 results conference call. As usual, this morning, we posted the results release, an extensive MD&A and a video Q&A with myself and Neil Sorahan and that went up on the ryanair.com website at 7:00 this morning. So I refer you to that, and I'll take it as read.
I'll give you a couple of comments on the results and a few thoughts, and then we'll open it up -- I'll ask Neil just to give him a couple of comments on the MD&A and then we'll open up for Q&A.
So you've seen this morning, we reported a Q1 profit of EUR 663 million. The number is materially distorted because of -- it's compared to Ukraine affected
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