UK 19:14 Saturday, 3 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
easyJet (EZJ) has announced its results for its half-year ended 31st March 2024 emphasising that it “is well positioned to deliver strong earnings growth year-on-year, driven by positive summer demand, strong easyJet holidays profit growth and the £61 million reduction in winter losses”. It is the summer half-year which is key as there was still a first half-year pre-tax loss of approaching £350 million, with it stated “£61m YoY improvement driven by 12% capacity growth & flat unit cost ex fuel”, and a £146 million net cash position.
easyJet (EZJ) has announced results for its year ended 30th September 2023, which are headlined “Record H2'23 financial performance with a positive outlook for FY24” and include the reinstatement of a dividend. Good news!
The most important component of full year numbers to the end of September from easyJet (EZJ) had already been largely announced to the market, but I am certain that today it likes talking more about "record H2 headline PBT of £865 million” and that its dividend has been reinstated. The key question, as often in the investment world, is what is going to happen next?
easyJet (EZJ) has issued a trading update announcement headlined “record Q4 PBT, thereby achieving in FY2023 its existing financial targets. Business momentum now allows the setting of new, ambitious, medium-term targets, a proposed new aircraft order and resumption of dividends”. That sounds very good, so what’s the detail?
I am an easyJet (EZJ) fan, and shareholder, but as I observed a few months ago having a good summer holiday flow is fine but the critical question is what happens over the next twelve months or so. In short, the company’s trading update about its year to the end of September talking about “record Q4 PBT, thereby achieving in FY2023 its existing financial targets” is absolutely fine…but what happens next?
When I look at my diary over the next few weeks, the busiest day is always a Thursday. Such has been my life over the last twenty-five plus years! The main excitement for me is elsewhere in the world today, but from a FTSE 350 perspective I have a few thoughts on easyJet (EZJ).
EasyJet (EZJ) has announced results for its half-year ended 31st March 2023 and emphasised that it enters the summer “with confidence”.
Back in January, I talked about "some rising excitements at easyJet (EZJ)", but concluded that I was going "to exit when the investor crowd are crying for more...for the record, for me that is when the stock is north of 550 pence". Back then the shares were up over 50% year-to-date and now, at a share price of just shy of 530p, they are up just over 60%. And it all seems pretty correct and rational, as today's update from the company is kind of alright.
You may have seen yesterday from Carnival plc (CCL) that apparently "Cunard has reported that in the first week of January it has booked more guests than any equivalent period in the last decade”. How wonderful for the top few percent…but what about the average traveller? And that brings us to the first quarter update published this morning from easyJet (EZJ).
