Ryanair unveils record profits but warns of growth slowdown

May 20, 2013, 9:18am
LOW-COST airline Ryanair today announced a 13 per cent increase in profits, a record high for the company despite rising oil costs.
Profits after tax grew to €569m (£481m) for the year ended 31 March, compared to €503m the previous year.
Fuel costs rose by over €290m and now represent 45 per cent of total costs, the company said.













