International Consolidat... Share Discussion Threads

[ttny2004] 02/8/2024 09:06

Adding more this morning on very encouraging results. Can see a steady rise over next 12 months moving to hopefully at least 250p.

[bargainsniper] 02/8/2024 08:48

This will be a nice recovery buy/hold over the coming months and now with income on top

[whatsup32] 02/8/2024 08:33

Well done to those that held the faith . On a day like this in a sea of red IAG stands out in blue and on results too.

[bargainsniper] 02/8/2024 08:21

BA owner IAG restores dividend for first time since pandemic after beating forecastsHttps://www.ft.com/content/07679a1d-8119-4ffb-9d61-77ee09558b38

[lufty] 02/8/2024 08:10

Air Europa was never going to get past the regulators so a complete waste of time, energy and money but this is out of the way now.The results were not quite as good as I had hoped for as I was looking for significant growth on last years figures in particular with the load factor.But all in all IAG is moving in the right direction and the dividend resumption reinforces this.

[baronstjohn15] 02/8/2024 07:37

Dividends are back

[m1k3y1] 02/8/2024 07:26

Agreed. A 50M loss on a wasted Europa deal leaving IAG holding 20% .
A complete waste of time , money, effort and energy.
Time for a new CEO.

[cyberian] 01/8/2024 23:41

Interim dividend cost is only £147 million, so plenty of scope for various options with projected full year earnings, including a more significant dividend, hopefully. The announcement made available at 4.54 pm today was obviously made not to compromise the normal declaration at 7.00am on Friday as markets were closed anyway. Interesting to see how we open tomorrow but I will certainly hold despite some potential huge swings as people come to term with such an excellent set of 1H news etc. RR were up nearly 12% on their declaration of re-introducing dividends, and earnings are currently close to those at IAG! Their P/E ratio is also about 16.50 whereas IAG is likely to end the year with a P/E ratio of just 3'ish if my guess is correct.

[hutchmeister] 01/8/2024 22:41

Net Debt reduced from 9,245 (end of 23) to 6,417. They are paying off debt. Profit for the 2ND QUARTER 1.24b with a market cap of 7.83b. Will be interesting to see market reaction tomorrow. GLA

[besty46] 01/8/2024 18:27

2019.

STRONG RESULTS

Unlike its rival European carriers, IAG reported stronger than expected second quarter results with an operating profit of 1.24 billion euros ($1.34 billion), compared to an analysts' consensus of 1.08 billion compiled in a company-led poll.

The second quarter has been rough for European airlines as they deal with a normalization of demand and spiralling costs. That comes after a years-long post-COVID rally for carriers as revenge travel boomed around the world.

[besty46] 01/8/2024 18:26

Theres ni pleasing dome folk. Look its a postive statement and tgd divu shows confidence looking ahead

[blackhorse23] 01/8/2024 18:25

Exactly, high debt , should pay back debt

[trying2trade] 01/8/2024 17:58

Also an horrific amount of time and resources poured into Europa. CEO should be walking

[trying2trade] 01/8/2024 17:57

Waste of time divi. Pay the debt down.

[blackhorse23] 01/8/2024 17:55

Very low dividend against share price , lowest yield

[action] 01/8/2024 17:55

Learning from petroc management to announce at odd time

[cyberian] 01/8/2024 17:34

Announcement made at 4.54PM and now available on their web site.All rather reassuring.

[cyberian] 01/8/2024 17:31

Interim dividend is Euro 3 cents ex 8/9 and payable 9/9 from memory. all the numbers look good but confused as to why released after hours today. Figures slightly down at half year compared to what was exceptional last year and forward guidance is rather positive.Still trying to read the release but on my phone and difficult to scan easily.

[cyberian] 01/8/2024 17:13

Air Europa acquisition of remaining 80% terminated/CANCELLED with an exit fee of Euro 50 million to AE. They have also announced a very small interim dividend but I would expect a pre-cursor to a much larger dividend when full year results are announced. The AE reversal I guess is a BIG positive and will help lower net debt level. The management have said that they will increase their Madrid hub and all seems to be OK for a reasonable set of numbers tomorrow which may help recover recent loses to some extent. Confidence and sentiment appears good for coming months and beyond, hopefully.

[1spitfire] 01/8/2024 10:57

Yep strange pattern leading up to Q2.Wont lie price normally built in by now as the big players don't wait for actual results day. Still firmly believe results will be v good and will help but starting to thing the 20th re takeover is the elephant in the room. Markets hate uncertainty as we know. That elephant needs resolving and then fingers crossed we will see the chains token and this fly's. Excuse the pun lol

[whatsup32] 01/8/2024 09:11

Wizz results not too good. Perhaps reign in expectations at IAG?

[1spitfire] 31/7/2024 09:50

It's the off on take over talks that is having the biggest impact imo on current share price We can deduct the City would like that to go ahead increasing capacity still further and therefore potential revenue streams. So any info on that be helpful going forward.

[1spitfire] 31/7/2024 09:21

My gut instinct which I appreciate isnt state of the art investing strategy lol Ive learnt to trust over the years.I'll stick my neck out. Friday is going to be very good . GLA

[whatsup32] 30/7/2024 20:04

States Airlines up on Jetblue with a surprise positive results .
Jetblue also deferring aircraft purchasing to beef up cash flow.