Jet2 plc

FY24 results in line; positive outlook for FY25

  • Sectors : Airlines
  • Companies : Jet2 plc

Ratings and price correct at time of issue.

  • Jet2 plc

    Closing Price: 1286p

  • RATING 05/06/24

  • PREVIOUS RATING N/A

DAVY VIEW

Jet2 has reported a FY24 headline profit before FX revaluation and taxation of £520.1m, just above the £515-520m guided range from the trading update in April. This is an increase of 33% on the prior year and in line with market expectations. On sale seat capacity for summer 2024 is currently 12.3% higher than summer 2023 at 17.16m seats, and booking momentum continues into the next fiscal year.

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Jul 11 2024, 07:50 IST/BST

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