UK 20:35 Saturday, 3 October 2026
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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 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.
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