ANA Holdings Inc

9202: XTKS (JPN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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ANA Earnings: Profit Beat Our Expectations, but Little Change in Our Post-2025 Outlook; Shares a Buy

Lorraine Tan , Nicole Lim

May 2, 2025

ANA reported fiscal 2024 (ended March 2025) revenue of JPY 2.3 billion, up 10% year on year, with operating margin coming in at 8.7%. Management has guided for fiscal 2025 revenue growth of 8.1% and operating margin of 7.8%.

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ANA Holdings Inc

ANA Earnings: Profit Beat Our Expectations, but Little Change in Our Post-2025 Outlook; Shares a Buy

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