If you’d invested in: Wizz Air and Royal Mail

Wizz Air is the largest low-cost airline in central and eastern Europe – and it is flying high.

If only...

858_Good-634

Wizz Air (LSE: WIZZ), the largest low-cost airline in central and eastern Europe, is flying high. Thanks to steady economic growth in the region, its full-year net profit will be at the upper end of its guided range of €250m-€270m.

Total revenue jumped by 29% year-on-year to €469.3m in the quarter to July, and pre-tax profits rose 16% to €60.5m. The airline carried 7.2 million passengers during the time an increase of more than a quarter compared to the same period last year.

Be glad you didn't...

858_Bad-634

Be glad you didn't

Royal Mail (LSE: RMG) beat expectations in its full-year results three months ago, but concern over the pension fund is weighing on the stock. The company is in the process of closing its current defined-benefit scheme and could face a nationwide strike over the changes. Weak delivery volumes have also dented investor confidence: the group's letters business is in structural decline.

Recommended

Why aircraft leasing funds look attractive now
Investment trusts

Why aircraft leasing funds look attractive now

Aircraft-leasing funds crashed during the pandemic, David C. Stevenson explains why the outlook for these funds may be improving.
15 Aug 2022
Share tips of the week - 12 August
Share tips

Share tips of the week - 12 August

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
12 Aug 2022
Latest issue
Investments

Latest issue

Latest issue of MoneyWeek magazine
12 Aug 2022
Aviva: One for income investors to tuck away
Share tips

Aviva: One for income investors to tuck away

Insurance giant Aviva is one of the highest yielding stocks in the FTSE 100 – and it’s cheap, too, making it a tempting target for income investors. R…
10 Aug 2022

Most Popular

Don’t listen to the doom-mongers – the future is bright
Economy

Don’t listen to the doom-mongers – the future is bright

With volatile markets, raging inflation and industrial unrest, it may feel like things are bad and likely to get worse. But the end of the world is no…
15 Aug 2022
How solar panels could lower your energy bill
Energy

How solar panels could lower your energy bill

Solar-panel installation firms are reporting a four-fold increase in orders this year compared with 2021. Ruth Jackson-Kirby explains how solar can he…
14 Aug 2022
Fill your portfolio with your very best ideas
Investment strategy

Fill your portfolio with your very best ideas

Fund managers’ top picks beat the market, but the rest of their portfolios often add little value, says Chris Sholto Heaton.
13 Aug 2022