Wizz Air expects F26 profits to be below guidance
Middle East disruption expected to reduce FY26 net profits by approximately €50m, below January guidance range.
vs expectations: below
- Expected negative impact to FY26 net profits c.€50m
- FY26 net profit guidance (January 29 2026) €25m to -€25m
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ONGOING DISRUPTION IN THE MIDDLE EAST IS EXPECTED TO REDUCE WIZZ AIR'S NET PROFITS FOR FISCAL YEAR 2026 TO BELOW ITS PREVIOUS GUIDANCE
Geneva, 4 March 2026: Wizz Air estimates that the current crisis in the Middle East will result in a negative impact to its FY26 net profits of c.€50m.
In terms of the expected impact, approximately one third is a result of the cessation of certain scheduled services to the Middle East, with the remainder from the adverse movement in macroeconomic factors as a result of the Iran conflict. Our assessment of the impact of these macroeconomic factors is based on jet fuel and US$/€ rates as of today, and assumes that these rates will remain at current levels for rest of Fiscal Year 2026.
As a result, Wizz Air expects that its reported net profits will fall below the guidance released on January 29th, 2026, given at the time as 'Expected to be in the range of +€25m to -€25m.'
Wizz Air will update the market as appropriate and will announce its F26 results on Thursday, June 11th.
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