easyJet PLC (XTER:EJT1)

€ 5.532 0.084 (1.54%) Market Cap: 4.14 Bil Enterprise Value: 3.96 Bil PE Ratio: 9.40 PB Ratio: 1.45 GF Score: 71/100

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Q2 2019 Easyjet PLC Pre-Close Trading Statement Call Transcript
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Q2 2019 Easyjet PLC Pre-Close Trading Statement Call Transcript

Apr 01, 2019 / 07:00AM GMT

Transcript

Operator

Hello and welcome to the easyJet pre-close call. My name is Mohan and I will be your coordinator for today's event. (Operator Instructions). I am now handing you over to your host, Johan Lundgren, speaking on today's conference. Thank you.

Johan Lundgren

easyJet plc - CEO

Thank you for that and good morning and thanks for joining the call, everyone. In the room with me I have Andrew Findlay, our CFO, and Stuart Morgan and Michael Barker from our IR team.

As you will have seen we released a trading statement this morning updating the market on our expected H1 financial performance as well as our current view of summer trading which can be found on our corporate website. I will now run through a quick summary of the details in the trading update and give you plenty of time for questions at the end.

Starting with the first half, we expect to deliver a performance in line with the guidance given in our trading statement in January with an expected first-half headline loss before tax of around GBP275 million.

Trading in H1 has been in

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