easyJet shakes off industrial action with 14% jump in revenues

By
0 mins. to read
easyJet shakes off industrial action with 14% jump in revenues
Markus Mainka / Shutterstock.com
Master Investor Magazine 40 cover

Never miss an issue of Master Investor Magazine – sign-up now for free!

Read the latest Master Investor Magazine

Third-quarter revenues at easyJet (LON:EZJ) rose 14%, in spite of industrial action in France, leading the budget carrier to increase its guidance for full-year profits.

“EasyJet has delivered a strong performance during our third-quarter, driven by robust customer demand,” commented CEO Johan Lundgren. “The airline continues to go from strength to strength, attracting more than 24 million customers in the period.”

“With EasyJet on track for a positive summer trading period during the fourth quarter, we are raising our guidance for full-year headline profit before tax,” added Lungdren.

Shares in easyJet ascended 45.5p to 1,698.25p (as at 09:28 BST).

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

YOUR FREE INVESTMENT MAG

Get real investment insights from some of the best minds in the business - with our free Master Investor Magazine.