easyJet – full-year results, now return to profit potential?
By Tom Winnifrith & Steve Moore | Friday 9 December 2022
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
easyJet (EZJ) has announced results for its year ended 30th September 2022, including emphasising “achieved record headline EBITDAR in Q4 of £674 million” and “peak holiday weeks this winter, such as October half term and Christmas week in the UK, are back to normal levels of volume. Through these key periods, ticket yields are showing strength on the prior year, with the Christmas period's ticket yield currently up c. 18%”. Is this overall good news?
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