easyJet - Keeping cost and revenue guidance; Peter Bellew to join as COO

Davy Research
/Read Important Disclosures

There was a solid Q3 performance from easyJet with guidance for the year unchanged (unit revenue “slightly” down and units costs ex-fuel were down. FY 2019 PBT estimates of £400-440m are in the market range (estimates: £423m, Davy: £414m). The other news was the announcement that Peter Bellew will be joining as Chief Operating Officer (COO). There is a call at 08:00 — +44 203003 2666, password: easyJet.