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Apr 29 2025, 07:58 IST/BST
Jet2 plc
FY25 in line; £250m buyback announced
DAVY VIEW
Jet2 has upwardly narrowed its FY25 profit before tax (PBT) FX guidance by £5m to £565-570m excluding profit on disposal of assets of £10m (Davy: £570m). The Board has announced an on-market share buyback programme of up to £250m. For summer 25 (H1 FY26), pricing remains stable with both package and flight-only products modestly up. We will be broadly maintaining our FY26 PBT forecasts (Davy: £580m); however, the £250m buyback programme will be accretive to EPS.
