image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

Easyjet

March 2016

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • EZJ
  • Price:
  • 1486p
Easyjet was not immune to the terrorist events but it showed resilience with passengers carried increasing by 8.1% to 16.1m in the first quarter ended 31 December, as capacity grew by 7.3% to 17.8m seats while the load factor improved 0.6% to 90.3%. However strong revenue per seat (RPS) performance in October was offset by the tragic events in Egypt and Paris and for the quarter as a whole revenue per seat fell 3.7%. Sharm impacted RPS by 1.5% in Q1 while Paris shaved 2% off.Total revenue fell 0.1% to £930m, but it benefited from a 3.7% reduction in cost per seat as fuel prices fell. Guidance for FY’16 is that the fuel bill will fall between £165m-£185m rather than £140m-£160m previously, but adv ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

LIMTED TIME OFFER

SUBSCRIBE TODAY AND SAVE £30 USING OFFER CODE 30OFFTMI

To access our archive of articles and receive current issues you need to subscribe