Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. 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: 455.20
Bid: 454.90
Ask: 455.20
Change: -1.40 (-0.31%)
Spread: 0.30 (0.066%)
Open: 453.70
High: 459.00
Low: 451.60
Prev. Close: 456.60
EZJ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

S&P assigns BBB+ rating to easyJet's long-term debt

Fri, 15th Jan 2016 16:30

(ShareCast News) - EasyJet had a solid competitive position and was set to see strong profitability over the next two years, the world's most prestigious debt rating agency said on Friday.The company's low-cost model and relatively young aircraft fleet supported the company's operating efficiency, underpinning its solid financial ratios, Standard&Poor's said after announcing it had assigned a BBB+ rating to the carrier's long-term debt.S&P attached the same rating to the firm's recent £3bn medium-term note programme."The stable outlook reflects our view that easyJet will maintain its solid competitive position as one of the industry's leading cost positions, and therefore sustain its resilient and strong profitability over the next two years," the company said in a statement.The agency was therefore confident that Easyjet would be able to deliver a minimum adjusted funds from operations- to-debt ratio of well above 50% over the next two years.A conservative approach to developing its network was also seen as a strength for the company.However, there were factors which offset those strengths, such as: a lack of diversification outside of Europe, the lack of long-haul flights and its smaller scale versus many of its global peers.Smaller low-cost short-haul carriers' growth ambitions were also seen adding to competitive pressures in existing markets and especially in new ones, S&P said.
More News
19 Apr 2024 12:02

LONDON MARKET MIDDAY: Stocks down on Israel attack on Isfahan, Iran

(Alliance News) - Stock prices in London were down at midday on Friday, as equity sentiment suffered by worries of a conflict escalation between Iran and Israel, after Iranian state media reported explosions in the province of Isfahan.

Read more
19 Apr 2024 09:26

LONDON BROKER RATINGS: Peel Hunt starts NatWest and Barclays at 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Read more
19 Apr 2024 08:49

LONDON MARKET OPEN: European stocks slump amid Middle East escalation

(Alliance News) - London's FTSE 100 traded lower in early exchanges, with sentiment hurt by worries of a conflict escalation in the Middle East, after state media in Iran reported explosions.

Read more
18 Apr 2024 17:08

London stocks gain on upbeat corporate earnings

FTSE 100 up 0.4%, FTSE 250 adds 0.6%

*

Read more
18 Apr 2024 16:52

LONDON MARKET CLOSE: Stocks recover some of recent Fed talk losses

(Alliance News) - Stock prices in London closed up on Thursday, despite the prospect of higher for longer US interest rates hanging over stocks, while initial jobless claims for the week came in steady.

Read more
18 Apr 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 up despite hawkish Fed rates outlook

(Alliance News) - Stock prices in London were higher on Thursday afternoon, despite the prospect of higher for longer US interest rates hanging over stocks.

Read more
18 Apr 2024 09:05

TOP NEWS: easyJet hails revenue surge as summer demand sound

(Alliance News) - easyJet PLC on Thursday reported a "positive outlook" for the remainder of its financial year, as it trimmed "seasonal losses" in its first half.

Read more
18 Apr 2024 08:59

LONDON MARKET OPEN: Europe up as overlooks New York tech sell-off

(Alliance News) - Stock prices in London opened higher on Thursday, with the FTSE 100 supported by some promising corporate updates.

Read more
18 Apr 2024 08:20

easyJet posts significant reduction in winter losses

(Sharecast News) - Low-cost airline easyJet reported a significant reduction in its winter losses in an update on Thursday, of more than £50m year-on-year, as demand for flights and holidays continued to rise, particularly for the upcoming summer season.

Read more
18 Apr 2024 07:49

LONDON BRIEFING: Embattled Hipgnosis Songs Fund agrees takeover

(Alliance News) - London's FTSE 100 is called to open higher on Thursday, shaking off a miserable session for US tech shares overnight.

Read more
16 Apr 2024 15:20

Easyjet suspends flights to Israel until October

(Sharecast News) - Budget carrier easyJet on Tuesday said it had suspended flights to Tel Aviv until October 27 after Iran's missile and drone attack against Israel on Saturday night.

Read more
15 Apr 2024 15:39

London close: Stocks slip on renewed geopolitical tensions

(Sharecast News) - London's equity markets markets experienced a downturn on Monday, with losses particularly notable in the mining and oil sectors, as investors remained cautious amid to escalating geopolitical tensions in the Middle East.

Read more
12 Apr 2024 17:28

FTSE 100 sets near record close as commodity stocks shine

FTSE 100 up 0.9%, FTSE 250 off 0.3%

*

Read more
12 Apr 2024 16:56

LONDON MARKET CLOSE: Miners lift FTSE 100 but sea of red elsewhere

(Alliance News) - London's FTSE 100 defied a tricky day for wider markets, as its miners and oil producers shone, while the dollar was supported as odds of the US Federal Reserve enacting three interest rate cuts this year dwindle.

Read more
11 Apr 2024 16:53

LONDON MARKET CLOSE: Dwindling US Fed cut hope unnerves markets

(Alliance News) - Stock prices in London closed lower on Thursday, with a hawkish interest rate outlook for the Federal Reserve and geopolitical tensions hurting investor enthusiasm.

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.