Brody. What's the rush. The market has been open 2 hours. Give it a few weeks before you decide on direction. Any sustainable movement is going to be well after the dust has settled |
FY25 excludes three wet lease aircraft from the Lufthansa Group. This agreement is part of being the proposed short-haul remedy taker at Linate & Rome Fiumicino
Interesting disclosure. It looks like this may become reality on a permanent basis very soon. Major hubs with very little competition. |
I think I’m going to have to help in little bits:
(a) its day one |
What's the PE now. 9 ish? |
Actually if anyone can’t work out why its not shot up, you should stop investing.
(Clue: its not about today’s results news) |
Oh well its such a tricky mind-bender to work out why the share price doesn’t rocket on the day of results. Its soooooo complicated.
Noramping filtered for just being thick and a waste of space. |
EZJ 4*
EasyJet delivered strong FY24 results, with a headline profit before tax of £610 million (+34% YoY) and record H2 PBT of £960 million (+£94 million YoY). easyJet Holidays performed exceptionally, with a 56% increase in profit to £190 million.
hxxps://wealthoracle.co.uk/detailed-result-full/EZJ/1022 |
£4bn from add ons |
As I have said before I don't see the interest rate as a big factor. What we are seeing is the holiday spend is static despite increasing prices. 7 days away becomes 6. The 14 days of holiday is now very rare. In fact for us less than 2% stayed for more than 12 nights. Only with easyjet holidays and DIY holiday bookings is this possible. The rigid package providers cannot match this flexibility. This is how people are managing their spend and maximising there leave allocation. It's ultimately the hoteliers that gets shorter bookings, easyJet just sell more flights. |
Expect broker upgrades over the coming days for sure. |
Fantastic results but a muted response to share price Hoping the US mkt opening will take this higher hopefully |
Sustainable over £1 billion per annum medium term. It should be valued at about one billion in my view once interest rates come down. |
Nice piece currently on Bloomberg TV. |
With Trump (Drill Baby Drill) in and the Middle East calming down, oil prices only going one way, next year will be another record year IMO for Easyjet (Fly Baby Fly). |
Ham they have been ignored even whilst progress was very visible. They have moved with the other airlines even though their strength is the strong holiday business growth. £6 should fall before Christmas. |
IAG up approx 60% over past 12 months, EZJ up only approx 30%. Catchup day (or over coming days) me thinks ;) I hold both :) |
XAMF. That guidance was from the analysts who still fail to grasp the dynamic of the market and the opportunity for easyJet. £605m was my expectation and that was supported all year by the updates. Now Q1. They must reduce the loss further.£80m loss would be fantastic. |
With 12.1p division on top! Can’t complain.. |
Well £610 million net profit (against their upgraded guidance after H1 of £590 - £595m). Up 34%! Net profit for the second half of 2024 £960m. Holiday business net profit £190m (up 56%).
Just brilliant imo. |
Results exactly as I expected. Super easyjet holidays performance. Robust figures. 25 looking very strong. Targeting a 25% rise in the holiday business in 25. We know that business over performs. |
Cracking results. Dividend hike, we will see that at least on the share price No way of saying it but these are great results. Growth, growth, growth. |
Lovely Jubbly!!!! |