Wizz Air Holdings PLC (OTCPK:WZZAF)
$ 17.113 1.083 (6.76%) Market Cap: 1.90 Bil Enterprise Value: 6.81 Bil PE Ratio: 6.02 PB Ratio: 4.28 GF Score: 70/100
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Full Year 2022 Wizz Air Holdings PLC Earnings Call Transcript

Jun 08, 2022 / 08:00AM GMT
Release Date Price: $35.17
Operator

Ladies and gentlemen, thank you for standing by, and welcome to Wizz Air Fiscal Year 2022 Results Call. (Operator Instructions)

I will now like to hand the conference over to Wizz Air's CEO, József Váradi. Please go ahead, sir.

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

¡ -

Thank you very much. Good morning, everyone. Thanks for coming. Thanks for joining. So this is to report the last financial year, as we title it, fiscal '22. So last year we had a very strong recovery, especially relative to fiscal '21, 166% more passengers carried by the airline. Obviously we have largely extended our geographical footprint during this period by investing into our network.

The results we are communicating today are pretty much in line with previous communications. So I don't think they are bringing any surprise to the party here. So we suffered EUR 642 million of loss as previously guided. Obviously this is the cost of ramping up the business under the circumstances, that we ended up the financial year with strong

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