Easyjet Share Discussion Threads

[amt] 27/11/2024 08:18

Sustainable over £1 billion per annum medium term.
It should be valued at about one billion in my view once interest rates come down.

[hamhamham1] 27/11/2024 07:33

Nice piece currently on Bloomberg TV.

[hamhamham1] 27/11/2024 07:30

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).

[sapphireblue1] 27/11/2024 07:29

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.

[hamhamham1] 27/11/2024 07:22

IAG up approx 60% over past 12 months, EZJ up only approx 30%.
Catchup day (or over coming days) me thinks ;)
I hold both :)

[sapphireblue1] 27/11/2024 07:16

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.

[taras73] 27/11/2024 07:12

With 12.1p division on top! Can’t complain..

[xamf] 27/11/2024 07:12

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.

[sapphireblue1] 27/11/2024 07:11

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.

[pinemartin9] 27/11/2024 07:10

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.

[hamhamham1] 27/11/2024 07:05

Lovely Jubbly!!!!

[hamhamham1] 27/11/2024 07:04

27 November 2024

easyJet plc

Results for the twelve months ending 30 September 2024

easyJet improves annual profits by 34%, achieving £610 million PBT, following another record summer



· Strong progress towards medium term targets

- FY24 headline profit before tax of £610 million, +£155 million YoY (Reported PBT £602 million)

- easyJet holidays recorded £190 million profit before tax, +56% YoY

- ROCE of 16% in FY24, +3ppts YoY, strong progress towards target of high-teen ROCE

- Group headline PBT per seat +24% YoY, achieving £6.08 per seat, a positive step towards our £7-10 target

· Record H2 headline profit before tax of £960m, +£94m YoY

- H2 Passenger growth +7% YoY

- H2 RPS +1% YoY, (Q4 RPS +1% in line with guidance)

o H2 RASK reduced 1% YoY

- Headline H2 CPS ex fuel increased 2% (in line with guidance) & H2 fuel CPS reduced 2% YoY

o H2 Headline CASK ex fuel increased 1% YoY, total CASK reduced 1% YoY

- Holidays H2 profit increased +42% YoY

· Positive outlook for FY25

- Expect FY25 capacity of c.103m seats, an increase of 3%

o ASK capacity growth of c.8% driven by average sector length increase of c.5%

- Expect to reduce winter losses with a significant improvement in Q1, with Q2 impacted by the timing of Easter.

o H1'25 ASK capacity +12% driven by average sector length growth of c.6%

o Q1'25 RASK expected to be broadly flat

o H1'25 headline CASK ex fuel expected to slightly reduce YoY

o H1'25 fuel CASK is expected to reduce by c.10%

- easyJet holidays customers planned to grow by c.25% in FY25, from a base of 2.6m customers

· Proposed dividend: 20% of FY24 headline PAT payable in early 2025

· Continued confidence in execution of >£1bn PBT in medium-term

[pinemartin9] 26/11/2024 22:43

Expect the middle east ceasefire deal to also help tomorrow.

[damodamodamo567] 26/11/2024 21:43

Sooooo what can this newb trader expect tomorrow if the news is good? Surely 560 and beyond won't be out of the question ?

[sapphireblue1] 26/11/2024 16:23

Why would they delay it if it's bad news. The announcement will be a scheduled RNS at 0700 as it always is.
The detail will be upbeat and the figures showing growth in the airline and substantial growth in the holiday business.
The profit before tax will be 600-650m but likely around 605 in my opinion.

[bscuit] 26/11/2024 16:09

If not 07.00 will be very odd - and bad news

[bigbigdave] 26/11/2024 15:17

7am..........daft question!!

[foreverbull] 26/11/2024 14:57

Daft question: what time EasyJet will be publishing results tomorrow?

[yousif] 26/11/2024 14:49

Shorters are closing.

hxxps://shorttracker.co.uk/company/GB00B7KR2P84/

[phillis] 26/11/2024 12:05

Agreed

Jet2 through £16

[sapphireblue1] 26/11/2024 10:22

£1bn profit will be 2 years in my opinion. First thing is to decrease the H1;loss. This year they will make strong progress in that.
Making £1bn profit in H2 is easily within reach.

[halfpenny] 26/11/2024 07:56

Will forecast disappoint???