EasyJet : A favourable trend in Q4
>A Q3 broadly in line - EasyJet yesterday issued a trading update on its Q3 to end-June 2020 in line with expectations, reflecting: i/ sales of £ 7m (vs £ 1,761m a year earlier), ii/ costs excl. exceptionals of £ 332m (-79% vs Q3 2019) and iii/ a loss excl. exceptionals and taxes of £324.5m (after -£ 353m reported in H1). Regarding cash, the company posts cash burn linked to operations below the previous guidance of £ 30m and £ 40m per week and is reporting a total...EasyJet and its subsidiaries are a low-cost airline carrier operating principally in Europe. Co. operates in the European short-haul aviation market. As of Sept 30 2017, Co. operated 862 routes. Co.'s total fleet as at Sept 30 2017, comprised 279 aircraft, split between 156-seat Airbus A319s, 180-seat A320s, 186-seat A320s and 186-seat A320neos. Co.'s main markets are the U.K., France, Italy, Switzerland, Germany, Netherlands, Portugal and Spain.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.