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Easyjet expects increased profits

Posted 23/09/2011

 

Easyjet has announced it could make pre-tax profits of £250 million this financial year, ending 30 September 2011.


The airline, which previously predicted profits of £200-230 million, puts the increase down to strength on its city routes, cost controls and improved operational performance.


In its pre-close statement, Easyjet said it would pay an ordinary dividend of about £40 million (or 9 pence per share).


In addition the Boards expects to recommend a ‘special dividend’ of £150 million to shareholders.


By Diane Evans

Originally published 23 Sep 2011 at: http://rss.feedsportal.com/c/398/f/5923/s/18c019f6/l/0L0Stravelmole0N0Cstories0C1149480A0Bphp0Dmpnlog0F1/story01.htm

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