RECORD PROFITABILITY AND MARGIN EXPANSION IN F16
Total revenue increased by 16% to €1,429 million
o Ticket revenue up 13% to €895 million
o Ancillary revenue up 23% to €534 million
Underlying net profit was a record €224 million, an increase of 53% compared to the previous financial year
Underlying net profit margin* of 16%, an increase of 3.8 percentage points
CONTINUED GROWTH IN Q4
Revenue growth of 20% to €282 million
Q4 FY2016 underlying net profit of €1 million compared to loss of €11 million in Q4 FY2015
Seat capacity growth was 19% and load factor increased by 1.8 percentage points to 85.4%
Strong end to the quarter due to the timing of Easter
STRONG FULL YEAR OPERATING PERFORMANCE ACROSS KEY METRICS
Passengers carried up 21% to 20 million and load factor up 1.5 percentage points to 88.2%
Total unit costs fell by 5% to 3.43 euro cents per ASK3
Ancillary revenue per passenger increased by 2% to €27
Wizz Discount Club membership was 815,000 by the financial year end, an increase year-on-year of 40%
CONTINUED EXPANSION THROUGH CEE
69 new routes added in FY2016 including routes to three new CEE destinations and 12 new Western European destinations
Four new operating bases opened during FY2016, in Tuzla (Bosnia and Herzegovina), Kosice (Slovakia), Lublin (Poland) and Debrecen (Hungary)
Three new operating bases announced during FY2016, Iasi and Sibiu (Romania) and Kutaisi (Georgia)
FLEXIBILITY TO SUSTAIN STRONG GROWTH
Strong balance sheet with free cash of €646 million at FY2016 and net debt to EBITDAR ratio of 1.4 times
Deployment of larger 230-seat Airbus A321ceo, driving efficiency
Purchase agreement for 110 Airbus A321neo aircraft to drive future growth
