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.

MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
Writer

Alice grew up in Stockholm and studied at the University of the Arts London, where she gained a first-class BA in Journalism. She has written for several publications in Stockholm and London, and joined MoneyWeek in 2017. 

Alice is now Consumer Editor at The Sun and covers everything from energy bills to Social Security.