IAG (BAY.L) reported a slight decline in third quarter profit after tax to 1.40 billion euros from 1.43 billion euros last year. Basic earnings per share increased to 30.2 euro cents from 29.3. Adjusted earnings per share also rose to 29.2 euro cents from 28.1. Third quarter total revenue remained flat at 9.33 billion euros, with passenger revenue at 8.26 billion euros. CEO Luis Gallego stated that the company is on track for another year of growth in revenues, profit, and shareholder returns. For more earnings news, visit rttnews.com.
Read more at Nasdaq: IAG Q3 Profit After Tax Declines; FY Outlook Unchanged
