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

Q3 2023 Wizz Air Holdings PLC Earnings Call Transcript

Jan 26, 2023 / 09:00AM GMT
Release Date Price: $30.91
Operator

Good day, and thank you for standing by. Welcome to the Wizz Air F '23 Q3 Results Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, József Váradi, CEO. Please go ahead.

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

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Thank you. Good morning, everyone. Thank you for coming to this presentation. So this is Wizz Air Holdings plc Q3 fiscal '23 result presentation. So let me just give you the highlights as we consider this period.

So the reporting -- in the reporting period, revenue was up 43% versus pre-pandemic level. So that is Q3 fiscal '20. If you take the financial year-to-date, the first 9 months, we are up 35% versus pre-pandemic level. So clearly, Wizz Air is the fastest-growing airline in Europe. At the same time, unit revenue grew by 4%. I think we said that before that this is the first time we are seeing a very substantial volume growth, capacity growth delivered to the market at the

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