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Britain's easyJet says annual profit to fall on disruption, security woes

Thu, 06th Oct 2016 06:12

LONDON, Oct 6 (Reuters) - easyJet said annual profitwould fall by over 25 percent this year, its first drop since2009, after disruption, security concerns and exchange rateheadwinds hit the British airline.

easyJet guided that pretax profit would come in between 490million pounds and 495 million pounds ($629 million) for theyear ended Sept. 30 2016, providing guidance for the first timethis year after it warned in July that uncertainty meant itcould not give a forecast.

Analysts had expected easyJet to report pretax profit ofabout 497 million pounds. ($1 = 0.7868 pounds) (Reporting by Sarah Young; editing by Kate Holton)

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