easyJet PLC (OTCPK:EJTTF)
$ 5.44 -0.55 (-9.18%) Market Cap: 4.42 Bil Enterprise Value: 4.23 Bil PE Ratio: 9.05 PB Ratio: 1.40 GF Score: 73/100

Full Year 2020 Easyjet PLC Earnings Call Transcript

Nov 17, 2020 / 09:15AM GMT
Release Date Price: $10.28
Operator

(technical difficulty) your conference call -- full year results conference call. At this time, I would like to turn the conference over to Johan Lundgren, CEO. Please go ahead, sir.

Johan Peter Lundgren
easyJet plc - CEO & Director

Thank you very much for that, and good morning, and thank you for joining us to discuss the easyJet's full year 2020 results. And with me on the call are Andrew Findlay here, our CFO; as well as Michael and Holly from our IR team.

You should have been sent the slides along with the statements, which are also available on our corporate website. And we'll talk you through the presentation and then follow up with plenty of time for your questions.

So starting on the first slide here. easyJet is positioned to be the winning European airline as we come out of the COVID pandemic. We have responded robustly to the challenges, having raised over GBP 3.1 billion in liquidity since April 2020 from a diversified range of funding sources. Our year-end liquidity position has increased by GBP 900 million compared to the

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