International Consolidated Airlines Group SA (MEX:IAG)
MXN 30.24 0 (0%) Market Cap: 370.67 Bil Enterprise Value: 505.60 Bil PE Ratio: 6.19 PB Ratio: 3.68 GF Score: 61/100

Half Year 2019 International Consolidated Airlines Group SA Earnings Call Transcript

Aug 02, 2019 / 08:00AM GMT
Antonio VÃ;zquez Romero
International Consolidated Airlines Group, S.A. - Chairman

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Good morning, everybody. Welcome to this result presentation. I want to share with you that the Board of Director of IAG is extremely happy with the way the management is performing and managing this -- the company. Once more, we're happy to share with you very good result. We are one of the few airlines worldwide to report an improved operating margin compared to 1 year ago, and we are glad to present to you the highest operating margin from a European airlines.

As far as the dividends is concerned, the AGM in June, shareholders approving you -- our AGM, a final dividend of EUR 0.165 in respect to 2018. This makes a total of EUR 0.31 for last year, which is 15% higher. And in addition, the AGM approved as well the payment of special dividend of EUR 700 million, equivalent to EUR 0.35 per share paid in early July.

As far as the Board is concerned, we are pleased to announce the election of 3 new Board member at the AGM: Steve Gunning, as the CFO, who's going to be presenting to you today

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