Finnair: Q3 results didn’t meet estimates - Evli

Finnair’s Q3 revenue was lower than estimated as ticket prices developed softer than we expected. Finnair did a bit better than we estimated in terms of costs, but this wasn’t enough to make up for the shortfall in revenue and Finnair’s EUR 50.7m comparable EBIT fell almost EUR 15m short of the estimates. Finnair also adjusts its FY’25 guidance downwards due to many reasons, including weakness in the North Atlantic traffic. Finnair’s updated comparable EBIT guidance midpoint implies EUR 46.5m for Q4’25.

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