IAG climbs on forecast-beating results and €1 billion buyback
Forecast-beating Q4 results€1 billion buybackConfident of 'sustainable' EPS growth this yearHigh-flying International Consolidated Airlines (IAG) climbed 5% to 354p after the British Airways-owner reported forecast-beating fourth quarter earnings and announced a €1 billion share buyback.This bumper return of capital demonstrates management's confidence in the company's long-term prospect