Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick pickseasyJet Share News (EZJ)

Share Price Information for easyJet (EZJ)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 538.20
Bid: 539.00
Ask: 539.40
Change: 5.20 (0.98%)
Spread: 0.40 (0.074%)
Open: 539.60
High: 543.60
Low: 538.20
Prev. Close: 533.00
EZJ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EasyJet profit soars 18% as passenger numbers grow

Tue, 17th Nov 2015 07:05

(ShareCast News) - EasyJet posted an 18% rise in full year pre-tax profit as revenue and passenger numbers grew, and expressed confidence over the long-term outlook for the business.For the year to the end of September, pre-tax profit came in at £686m from £581m, on revenue of £4.69bn, up 3.5% from 2014 and only slightly short of consensus. The profit figures were in line with the company's updated guidance of £675m to £700m.Earnings per share increased 21.5% to 139.1p, beating consensus forecasts of 137p.Passengers increased by 6% to 68.6m, with a record load factor in August of 94.4% and an annual load factor of 91.5%, up 0.9 percentage points.Total revenue per seat fell by 1.3% to £62.48, although it was up 1.5% at constant currency to £64.28.The low-cost carrier said it will pay a dividend of 55.2p per share, up 21.6% from last year.Chief executive Carolyn McCall said: "Our outlook for the longer term is positive. We expect demand in our markets to be sustained and for easyJet to continue to be a winner in its markets."We will see passenger growth of 7% a year, sustaining margins through rigorous cost control and the benefit of fleet up-gauging, resulting in positive profit momentum.Shares in EasyJet were down 2.9% to 1,730.85p at 1020 GMT, with analysts pointing out that profit was closer to the lower end of guidance.Atif Latif, director of trading at Guardian Stockbrokers, noted a degree of disappointment as some investors had been hoping for a special dividend to be announced.Meanwhile, SpreadCo market analyst David Morrison said the selloff has much to do with Monday's price action."Traders wanted to take the stock lower after the Paris attacks but held back because of today's earnings release. Now that's out of the way the stock can trade freely and there are fears of a price war hotting up. Ironically for EasyJet, it seems it's better to travel than arrive," he said.
More News
25 Sep 2023 13:03

Rolls-Royce and easyJet progress with jet engine running on hydrogen

(Alliance News) - Jet engine maker Rolls-Royce Holdings PLC and airline partner easyJet PLC on Monday said their effort to build an aero engine that runs on green hydrogen achieved a milestone.

Read more
21 Sep 2023 06:06

New easyJet recruitment drive tackles cabin crew stereotyping

(Alliance News) - A fresh campaign is being launched aimed at tackling outdated stereotyping of jobs in the airline industry.

Read more
15 Sep 2023 07:54

LONDON BRIEFING: Games Workshop trades better than expected

(Alliance News) - Stocks in London are set to extend Thursday's gains at Friday's market open, with sentiment lifted further by the latest economic data from China.

Read more
15 Sep 2023 06:21

Thousands impacted at Gatwick amid air traffic control staff shortages

(Alliance News) - Thousands of airline passengers have been impacted by cancelled, delayed or diverted flights due to a lack of air traffic control staff at Gatwick airport.

Read more
6 Sep 2023 16:25

UK air traffic meltdown 'one in 15 million' event -NATS

LONDON, Sept 6 (Reuters) - An air traffic meltdown in Britain was caused by a "one in 15 million" event, the boss of traffic control provider NATS said, as initial findings showed how a single flight plan with two identically labelled markers caused the chaos.

Read more
5 Sep 2023 12:44

Director dealings: Wetherspoon chair, easyJet director make purchases

(Sharecast News) - On the list of director purchases on Tuesday was pub chain JD Wetherspoon, after its outspoken chairman picked up almost a million shares.

Read more
5 Sep 2023 11:49

Airbus, easyJet, Rolls-Royce join forces in UK on hydrogen-powered flying

LONDON, Sept 5 (Reuters) - Airbus, easyJet and Rolls-Royce have joined forces to try to position Britain at the forefront of hydrogen-powered aviation as the industry plots its course to decarbonisation.

Read more
30 Aug 2023 09:53

UK air traffic control meltdown fault won't happen again - NATS

Head of air traffic control provider says issue fixed

*

Read more
30 Aug 2023 08:21

Britain's air traffic control failure to cost airlines 100 mln stg -IATA head

LONDON, Aug 30 (Reuters) - The cost to airlines from Britain's air traffic control failure on Monday is likely to reach about 100 million pounds ($126 million), Willie Walsh, the head of global airlines group IATA told the BBC on Wednesday. ($1 = 0.7920 pounds) (Reporting by Sarah Young, editing by Elizabeth Piper)

Read more
30 Aug 2023 07:45

UK air traffic control says problem which caused flight cancellations won't happen again

LONDON, Aug 30 (Reuters) - The disruption to flights into and out of Britain caused by a technical failure on Monday will not happen again after changes were made to the system, the head of the country's air traffic control group NATS said.

Read more
29 Aug 2023 21:16

UK air traffic failure set to disrupt flights for days

Around 1,500 flights cancelled on Monday

*

Read more
29 Aug 2023 11:51

LONDON MARKET MIDDAY: FTSE outperforms peers; housebuilders rise

(Alliance News) - The FTSE 100 was outperforming its European peers at midday on Tuesday, amid news that UK consumer price inflation is decelerating and the government is scrapping some rules to boost housebuilding.

Read more
29 Aug 2023 09:03

LONDON MARKET OPEN: FTSE 100 catches up with bank holiday rally

(Alliance News) - Stock prices in London opened higher on Tuesday, as UK markets return from a long bank holiday weekend and news that UK shop price inflation decelerated in August.

Read more
18 Aug 2023 11:18

Temple Bar laments "miserly" UK valuations but promises long-term wins

(Alliance News) - Temple Bar Investment Trust PLC on Friday said its net asset value saw a moderate half-year increase, and that its "fundamentally sound" portfolio will eventually bear fruit despite the tough backdrop.

Read more
14 Aug 2023 18:06

Mount Etna eruption closes Sicily's troubled Catania airport

CATANIA, Sicily, Aug 14 (Reuters) - Flights serving the eastern Sicilian city of Catania were halted on Monday after an eruption from nearby Mount Etna, local authorities said, bringing fresh travel woe to the crisis-plagued Italian airport.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.