EasyJet has stated that it will continue to grow fast next year – but not quite as fast as it had previously expected.
In a trading statement, the no-frills carrier said it expected its pre-tax profits for the year to September 31 to be more than £60 million – up from an earlier estimate of “at least £52 million”.
It also said that it will increase the size of its fleet by 16 per cent in the next 12 months, having previously cited a figure of 24 per cent.
In a statement, chief executive Ray Webster said: “Easyjet has enjoyed improved trading during the final quarter of 2004.”
He added that revenue growth was expected to be 16 per cent for the year, with passenger numbers up to 24 million.
The carrier’s share price, which has fallen by some 50 per cent in the last 12 months, has dropped in early trading this morning, falling 3p to 136p.
Report by Tim Gillett, News From Abroad Ltd
