The figures showed an 8% fall in profit year on year as the airline posted earnings of €523m (£426m) after tax in the year ending 31 March.
However share prices went up as the results were in line with investor expectations.
“The important figures are the 2015 guidance of profits for the current year, which should be between €580-620m,” one analyst commented. This would be an increase of 11-19%.
“The airline has had two profit warnings. Investors had a negative perception going into the results so it was positive that the results were in line with expectations.”
Shares also recovered due to the airline’s commentary, in which it said that it would increase it capacity with its new Boeing 737-800 NG aircraft order from September, the analyst added.