Ryanair Holdings reported lower Q1 FY25 results with revenue down 1% and net profit down 46%. They expect traffic to grow by 8% for FY25. The company now anticipates second-quarter fares to be notably lower than last summer.
As the first quarter of 2023 is coming to an end, now is an opportune time to assess the stock market performance of different countries. The U.S. stock market, as represented by the SPDR S&P 500 ETF Trust (ARCA: SPY), ranks only 22nd in the top performing country ETFs list, posting a quarterly total return of about 6%.
An index of Irish stocks is outperforming the S&P 500 this year, with large, U.S.-listed companies such as Ryan Air and CRH among top price performers.