Following the release of the preliminary figures in April, easyJet’s release of its H1 results did not provide much unexpected information, except for the downgraded Q3 forecast. Its liquidity position and cash burn rate remain comfortable. Now all depends on a potential summer rebound, which will hopefully be unlocked by the speeding up of the vaccination roll-outs in Europe.
20 May 2021
Unsurprising H1 results, wait and see recovery
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Unsurprising H1 results, wait and see recovery
easyJet plc (EZJ:LON) | 546 -6.6 (-0.2%) | Mkt Cap: 4,141m
- Published:
20 May 2021 -
Author:
Yi Zhong -
Pages:
3
Following the release of the preliminary figures in April, easyJet’s release of its H1 results did not provide much unexpected information, except for the downgraded Q3 forecast. Its liquidity position and cash burn rate remain comfortable. Now all depends on a potential summer rebound, which will hopefully be unlocked by the speeding up of the vaccination roll-outs in Europe.