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Jul 17 2025, 08:05 IST/BST
easyJet
Solid Q3, peak summer key, some additional costs
DAVY VIEW
Q3 headline profit before tax (PBT) improved by £50m, and easyJet expects Q4 unit revenue (RASK) to continue the Q3 trend, adjusting for the impact of Easter timing (67% sold, +1% yoy), with customer preference for later booking continuing. With some higher costs in Q4, we would expect market consensus to move backwards by c.£25m from the current £700m level. We are likely to move our estimates (currently headline PBT £703m) to a similar level.
