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May 22 2025, 08:13 IST/BST
easyJet
Solid statement, all about the summer
DAVY VIEW
easyJet has indicated that “current bookings are supportive of performance meeting FY25 consensus” — Davy: £700m, consensus: £703m. Forward bookings: Q3 80% sold, +0.5ppts year-on-year (yoy); Q4 42% sold, +2.2ppts yoy. Focus remains with the company on track to achieve its medium-term target of >£1bn PBT. This is a solid statement. We are likely to leave our forecasts broadly unchanged, which implies flattish unit revenue in H2.
