Secondary Recommendation

Wizz Air - Budget airline enjoys strong debut

April 2015

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Budget airlines have taken a big bite out of the lunches of their full service rivals with low cost carrier capacity tripling to just over 30m seats over the past decade. One such operator, which has enjoyed terrific growth has been Central & Eastern Europe (CEE) focused airline, Wizz Air, whose pretax profit has increased from Eu41.9m to Eu95.4m in the two years ended March ’14, while in just the six months to September ’14 profits have already reached Eu164m. Not surprisingly, the shares attracted strong demand when they were introduced to the Full List on 2 March at 1150p, in a float that raised £103m new money and £158.5m for selling shareholders and have quickly risen to the current 1342p.Founded in ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Restaurant Group - Affordable restaurant firmâ€™s remarkable growth record looks set to continue

Oil & Gas Review - Three interesting ideas

Wizz Air (March 2021)

Wizz Air (September 2020)

Wizz Air (July 2020)

Wizz Air - First to re-start commercial flights (June 2020)

Wizz Air - Director buying highlights value (May 2020)

Wizz Air - Upgrades guidance (March 2020)

Wizz Air - Low-cost airline boasts superlative growth record (January 2020)

Wizz Air (August 2019)

Wizz Air (May 2019)

Wizz Air - Low cost airline forecast to grow eps 78% between FY'18-FY'21 (January 2019)

Wizz Air - Heir to Easyjet in CEE markets growing like topsy (December 2018)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X