19-Nov-2009 5:35 PM
easyJet sees large profitability decline but improvements ahead
Analysis
easyJet reported a 91% slump in operating profit and a 82% decline in net profit, to GBP60.1 million and GBP71.2 million (and a net profit margin of 2.7%), respectively, in the 12 months ended Sep-2009 (FY2009). The results were "in line" with the carrier's expectations.
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