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IAGBullishCorporate Developmentsnews
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IAG Shares Rise As FTSE Firm Reveals Robust Q1 Revenues, Profits

May 10, 2024, 4:57 AM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- IAG's share price rose 1.1% in Friday trading to 184.9p per share. - Revenues for the British Airways owner rose 9.2% in Q1 to €6.4 billion. - Operating profit rose significantly to €68m, boosted by lower fuel expenses. Price Impact Rating: Bullish Impact Horizon Rating: Short-term Type: Corporate Developments

  • IAG's share price rose 1.1% in Friday trading to 184.9p per share.
  • Revenues for the British Airways owner rose 9.2% in Q1 to €6.4 billion.
  • Operating profit rose significantly to €68m, boosted by lower fuel expenses.

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