EasyJet : Comfortable levels of liquidity mean we can be more optimistic on the stock - Buy vs Neutral
>H1 ultimately spared - Yesterday, EasyJet published a trading update for its H1 ending March 31 2020. The figures were higher than expected with a pre-tax underlying loss of £ 185m-205m (H1 2019: £ 275m) including: i/ an increase in unit revenues at constant forex of around 10.2% reflecting the good showing in Q1 and January and February prior to the travel restrictions due to the coronavirus (negative impact of 1.2% on unit revenues), ii/ a rise in unit costs exclu...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.