EasyJet reported quite good Q3 results, with revenues increasing by 16% yoy thanks to revenue per seat quite strongly growing on a reported basis (+5.9% and +2.2% at constant currency) while cost per seat slightly increased on a reported basis (+1%, although at constant currency it decreased by 5.5% mostly thanks to reduced fuel costs). This is slightly explained by the Easter calendar effect this year, but also by the still decreasing fuel cost and, lastly, by the general demand growth in th
20 Jul 2017
Underwhelming results for Q3
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Underwhelming results for Q3
easyJet plc (EZJ:LON) | 533 27.7 1.0% | Mkt Cap: 4,041m
- Published:
20 Jul 2017 -
Author:
Marc Laubel -
Pages:
2
EasyJet reported quite good Q3 results, with revenues increasing by 16% yoy thanks to revenue per seat quite strongly growing on a reported basis (+5.9% and +2.2% at constant currency) while cost per seat slightly increased on a reported basis (+1%, although at constant currency it decreased by 5.5% mostly thanks to reduced fuel costs). This is slightly explained by the Easter calendar effect this year, but also by the still decreasing fuel cost and, lastly, by the general demand growth in th