easyJet published an encouraging set of H1 19 results, in line with consensus expectations. As expected, the lower air fares resulting from fierce industry competition and a higher cost environment deepened the operating loss in the first half. However, despite the continuing challenging trading environment and macro-economic uncertainties in Europe, the FY19 guidance remains unchanged.
17 May 2019
Reassuring trading performance
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Reassuring trading performance
easyJet plc (EZJ:LON) | 567 74.8 2.4% | Mkt Cap: 4,296m
- Published:
17 May 2019 -
Author:
Jie Zhang -
Pages:
3
easyJet published an encouraging set of H1 19 results, in line with consensus expectations. As expected, the lower air fares resulting from fierce industry competition and a higher cost environment deepened the operating loss in the first half. However, despite the continuing challenging trading environment and macro-economic uncertainties in Europe, the FY19 guidance remains unchanged.