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Virgin Australia Holdings sees H1 profit of at least A$100 mln

Published 22/10/2018, 08:49 am
© Reuters.  Virgin Australia Holdings sees H1 profit of at least A$100 mln
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Oct 22 (Reuters) - Virgin Australia Holdings VAH.AX said on Monday it expected underlying before-tax profit for the first half of fiscal 2019 to be at least A$100 million ($71.22 million), 22 percent higher than last year after adjusting for some cashflow hedging costs.

The expected result, the company said in a statement, included an estimated fuel price increase of A$88 million over the previous year. ($1 = 1.4041 Australian dollars)

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