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Net profit of IAG increased by 45% in 2018

01.03.2019 14:01:25

Aviation holding International Consolidated Airlines Group, following the results of 2018, reported on the net profit growth by 45% to 2 billion 890 million euros. Revenues amounted to 24 billion 410 million euros, an increase of 6.7%. During the year, the company recorded an increase in operating profit, which does not take into account one-off factors, to 3 billion 230 million euros. The indicator exceeded the expectations of the company. IAG increased fuel costs last year by 8%. The number of passengers carried increased by 7.7% to 112 million 920 thousand people. The company increased dividends for the year by 13.8% to 16.5 cents per share. The company will also pay out a special dividend in the amount of 35 cents per share.

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