POST Online Media Lite Edition



 

easyJet profit before tax increased to 445 million pounds

Staff Writer |
Low-cost airline easyJet reported that its fiscal 2018 profit before tax increased to 445 million pounds from 385 million pounds last year.

Article continues below




Basic earnings per share were 90.9 pence, higher than 77.4 pence a year ago.

Headline profit before tax for the year was 578 million pounds, compared to 408 million pounds last year. Total headline profit before tax per seat increased by 28.7% to 6.07 pounds per seat

Total revenue climbed 16 8 percent to 5.90 billion pounds from 5.05 billion pounds last year. Revenue per seat grew 6.4% to 61.94 pounds.

The number of passengers flown was at 88.5 million, up 10.2%. Load factor was 92.9%, higher than 92.6%.

Further, easyJet announced a 43% increase in proposed dividend to 58.6 pence reflecting a successful year of delivery.


What to read next

EasyJet Q3 revenue rises on strong demand
EasyJet FY pretax profit down, total revenue up
easyJet revenue per seat grew by 7%