International Consolidat... Share Discussion Threads

[alphahunter] 26/2/2016 08:13

2016 IAG expectations < Analysts expectations
Probably conservative, but I decided to shoot first and ask question afterwards - for a change.

[younasm] 26/2/2016 08:03

Results as expected -- shares will be supported around current level.

[alphahunter] 26/2/2016 07:52

In 2016, IAG expects to generate an absolute operating profit increase similar to 2015. Revenue trends in quarter 1 appear broadly in line with those experienced in quarter 4 2015.

Not what the analysts have in their spreadsheets.:-(

[broadwood] 26/2/2016 07:18

These results are in line with our recent target and have exceeded our original 2015 operating profit target of EUR1.5 billion that we set in 2011. It's undoubtedly been a good year but it's also been challenging with extreme volatility in the currency and fuel markets. The benefits gained from lower fuel prices have been partially offset by the stronger US dollar

[flyingadventure] 26/2/2016 07:15

Excellent Results,i,m happy... onwards and upwards well done IAG.

[skinny] 26/2/2016 07:08

FULL YEAR RESULTS ANNOUNCEMENT

International Consolidated Airlines Group (IAG) today (February 26, 2016) presented Group consolidated results for the year to December 31, 2015.

IAG period highlights on results:

· Fourth quarter operating profit €540 million excluding Aer Lingus and before exceptional items (2014: operating profit of €260 million), including Aer Lingus €530 million
· Passenger unit revenue for the quarter up 3.1 per cent. Excluding Aer Lingus and at constant currency down 3.7 per cent including approximately 1 point adverse impact from Paris attacks
· Non-fuel unit costs before exceptional items for the quarter up 2.4 per cent. Excluding Aer Lingus and at constant currency down 3.9 per cent
· Fuel unit costs before exceptional items for the quarter down 13.4 per cent, down 23.9 per cent at constant currency
· Operating profit for the year to December 31, 2015 of €2,300 million excluding Aer Lingus and before exceptional items (2014: operating profit of €1,390 million), up 65 per cent, including Aer Lingus €2,335 million
· Revenue for the year up 13.3 per cent to €22,858 million and passenger unit revenue for the year down 3.5 per cent at constant currency
· Fuel unit costs for the year before exceptional items down 6.3 per cent, down 17.2 per cent at constant currency
· Non-fuel unit costs for the year before exceptional items up 4.3 per cent, down 3.9 per cent at constant currency
· Cash of €5,856 million at December 31, 2015 was up €912 million on 2014 year end, including €772 million from Aer Lingus
· Adjusted gearing up 3 points to 54 per cent and adjusted net debt to EBITDAR remained constant at 1.9 times including Aer Lingus

"Dividends

The Board is proposing a final dividend to shareholders of 10 euro cents per share, which brings the full year dividend to 20 euro cents per share. The final dividend will be paid, subject to shareholder approval, on July 4, 2016 to shareholders on the register on July 1, 2016."

[redbaron10] 25/2/2016 17:13

oh i will don't worry.You're dead right,oil prices aren't going north any time soon.The fuel hedging must be the easiest job going.The expensive hedges are gone after a year of low prices,the analysts must be pencilling in monster airline profits going forward.Broker estimates for this stock could be revised even higher.Thank you Saudia Arabia,Iraq,Iran,Russia,Kuwait,Qatar,UAE,Nigeria et al.Keep on pumping.

[flyingadventure] 25/2/2016 16:40

redbaron ...,difficult to really lose here,the share price will keep climbing,i,m here for the climb and the divvy which should increase tomorrow on solid results.So if your more than sensible you will enjoy tomorrow.

[redbaron10] 25/2/2016 16:30

oh i'm in alright,probably more than is sensible.Sleepless in Bristol,sadly without Meg Ryan

[younasm] 25/2/2016 16:25

Good question -- results should be good, but I can't see the shares rising much more than 10-15p.550-580p I reckon.I am not even thinking of the downside - bad strategy that ...

[flyingadventure] 25/2/2016 16:25

If your in you will be First class all the way redbaron ...

[redbaron10] 25/2/2016 16:17

Are we going to end up in first class tomorrow or economy?

[flyingadventure] 25/2/2016 15:50

Getting ready to climb to a new flight level ..... don't be fooled by the dips we have plenty of power to climb.

[redbaron10] 24/2/2016 14:57

I can't see how they can come up short of the £2bn profit forecasted.The monthly traffic stats have increased on y/y basis,no shocks or surprises there.The only weak link could be the Iberia performance.Spanish market off over 22% in last 6 months,so maybe a let down there,but if on Friday we get poor performance figures i am out of this company.Risks are too big in this business to sit and twiddle ones thumbs waiting for some payback.

[redbaron10] 24/2/2016 14:11

If Jim Cramer says once more that falling oil prices are great for the consumer,consumer spending and the airlines i will go to Bloomberg.In the present febrile nature of markets,this isn't happening.I would love someone to explain why IAG is tanking today.It tanks every day there is a dramatic oil price fall.

[redbaron10] 23/2/2016 19:42

With oil falling,it all adds to the bottom line.Carnival share price was clobbered by the Zika virus scare,and i know their ships don't fly, but their shares have seen a solid bounce this week.These two travel stocks have quite a good correlation so with a fair wind we might see two up days from here in anticipation of Friday.

[hansrod] 23/2/2016 16:22

Hopefully a few good positive days before the results come out, held up well today!!

[redbaron10] 23/2/2016 12:14

Respect to you on your call 11/2. Let's hope Willie can deliver the goods.

[flyingadventure] 23/2/2016 11:23

Valid points Redbaron,I,m looking forward to solid profits and a dividend rise on Friday .... Onwards and upwards in the share price.

[redbaron10] 22/2/2016 23:28

As another thought,it is known that sovereign wealth funds are selling wholesale to bank-roll their expensive domestic social programmes because of hefty oil price falls.Does anyone know if the Qatari's are selling any of their 10% stake in IAG?

[redbaron10] 22/2/2016 18:45

IAG shares have gone nowhere in a year.I know 1bn went on acquiring Air Lingus and there were a lot of share buy-backs,mostly at the top of the market,but despite the recent Zika virus why are the shares lanquishing with oil at $30pb! I've noticed that when the oil price fell,either IAG shares treaded water or sometimes even fell when logic dictates that with the supposed inverse relationship with this share and the oil price the share price should rise.Then when we have witnessed an oil price rise then the correlation kicks in and sure enough the IAG share price tumbles.Is it the old legacy issue of the pension fund acting as an anchor on this share? Most broker recommendations have been targeted at over £7 for most of this year and yet they've never got near that price.Are we whistling in the wind,or are we gonna receive a nice dividend present on Friday for our loyalty here?Failing that,what is the point in having any investment at all in this risky business!

[hansrod] 22/2/2016 13:04

That's a good thing then but shares still depressed

[skinny] 22/2/2016 13:03

Rec....... Price Old target price New target price Notes
Overweight 547.25 750.00 750.00 Reiterates

[hansrod] 22/2/2016 12:52

What does that mean?