EasyJet: a profit of between 440 and 460 million pounds expected for its fiscal year

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While announcing its intention to order 157 new planes from Airbus, easyJet described “a record summer with strong demand for flights » and consistent profits to the forecasts forfiscal year 2022/2023.

For the 12 months to the end of September which corresponds to its financial year, the British airline said it expects a profit before tax including between 440 million pounds and 460 million pounds (509.96 million to 533.14 million euros), in line with initial forecasts at 454 million pounds. Its turnover is for its part projected at around 3.12 billion pounds for the entire financial year.

EasyJet also indicated that it would reinstate the distribution of dividends to its shareholdersfrom
results of the 2022/2023 financial year, payable at the beginning of 2024, after having interrupted it during the pandemic.

It is also optimistic for the start of its new 2023/2024 financial year with “returns that increase over one year» and transport capacity for the first quarter (i.e. the last calendar quarter of 2023) expected to increase by 15%, with higher yields and occupancy rates compared to the same quarter of last year.

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