easyJet boss Johan Lundgren said the decision to expand the company's fleet would lay the foundation for future growth. Photo: Matt Alexander < p>He said the company was proposing to resume paying dividends to shareholders early next year at a rate of 10% of annual after-tax profits.
However, shares in the discount airline fell as much as 4.1% over year. early trading.
Mr Lundgren said: “We had a record summer with strong demand for easyJet flights and holidays, with customers choosing us for our network, value and service.”
“The results show that our strategy is delivering results and so today we have outlined an ambitious roadmap to serve more clients and deliver attractive returns for shareholders, underpinned by a continued focus on cost and operational excellence.”
He said. that investment in the aircraft «will enable easyJet's fleet to continue to modernize and grow beyond 2028, while delivering significant benefits including cost efficiency and improved sustainability.»
John Moore, senior investment manager at asset manager RBC Brewin Dolphin , said: “To overcome short-term turbulence, easyJet must continue to focus on strong financial performance and strengthening brand reputation, a difficult balancing act as customer dissatisfaction with changes to flight schedules is all too visible.”
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