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Ryanair Holdings PLC
RYAAY reported an 8% drop in its net income last year.
Ryanair's net profit for the year ended March 31 slipped to 522.8 million euros ($716 million), versus a year-ago profit of EUR569.3 million.
Its traffic increased to 81.7 million passengers last year, while ancillary revenue climbed 17%.
Ryanair projects fares to increase 4% in the current year, while it expects traffic to rise to 84.6 million.
Ryanair shares fell 1.09% to close at $50.98 on Friday.
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