EasyJet: in demand after strong Q1
(CercleFinance.com) - The easyJet stock is soaring 6.
4% in early trading in London today, boosted by the publication of encouraging Q1 figures, with its total revenues up over 14% at 1140 million pound sterling.
This growth reflects a 1.4 million increase in the number of passengers carried over the period, a 6.6% increase in revenue per seat at constant exchange rates, a strong increase in ancillary income and FX gains.
The operating cost yield is solid and continues to be in line with FY forecasts, adds the low-cost company, which also boasts a successful start at Berlin Tegel airport in January and deployment plans that are well on track.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
4% in early trading in London today, boosted by the publication of encouraging Q1 figures, with its total revenues up over 14% at 1140 million pound sterling.
This growth reflects a 1.4 million increase in the number of passengers carried over the period, a 6.6% increase in revenue per seat at constant exchange rates, a strong increase in ancillary income and FX gains.
The operating cost yield is solid and continues to be in line with FY forecasts, adds the low-cost company, which also boasts a successful start at Berlin Tegel airport in January and deployment plans that are well on track.
Copyright (c) 2018 CercleFinance.com. All rights reserved.