RE: Drop17 Jul 2025 07:20
Q3 headline profit before tax Β£286 million, an improvement of Β£50 million YoY, in line with expectations
ASK Capacity +7.9% YoY, with a sector length increase of 8% and seat growth of 2.0% YoY
RASK increased +0.5% YoY, with April benefitting from the timing of Easter
Total headline CASK reduced by 5% YoY, driven by headline CASK ex fuel increasing 2.3% and fuel CASK reducing by 7.3% YoY
easyJet holidays delivered Β£86 million profit before tax, +Β£13 million YoY
Positive outlook for FY25
Expect FY25 ASK growth of 9% YoY, with less pronounced growth in H2 (+7%) vs H1 (+12%)
Q4 Forward bookings; Q4 67% sold, +1 ppt YoY, following last yearβs record summer
Expect Q4 RASK to continue the trend seen in Q3 when adjusting for the impact of Easter timing YoY with customer preference for later bookings continuing
Expect FY25 total headline CASK to reduce by low single digits YoY and FY25 headline CASK ex fuel to be broadly flat YoY
easyJet holidays expects to deliver FY25 PBT of >Β£235 million