Stock Spotlight: easyJet soars to profitability as dividend return opens stock to income seekers

Recovering from pandemic lows

Elliot Gulliver-Needham
clock • 3 min read

easyJet has reported a strong recovery from its pandemic profit lows, as the firm aims to expand its all-inclusive easyJet holidays service.

Richard Hunter, head of markets at interactive investor, said easyJet had "finally put the ravages wrought by the pandemic to bed", thanks to a combination of "aggressive measures" by the group and the tailwind of people returning to travel. Chris Beauchamp, chief market analyst at IG Group, said the stock had "shone" following its swing back into profitability for the year, which it revealed in its full-year results last week (28 November). Stock Spotlight: Starbucks brews success in Q4 despite union discord The company reported an adjusted pre-tax profit of £455m, compared to an ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Companies

Blackstone-owned Hipgnosis rebrands to 'Recognition'

Blackstone-owned Hipgnosis rebrands to 'Recognition'

Portfolio of 45,000 songs and recordings

Sorin Dojan
clock 12 March 2025 • 1 min read
Kingswood nears takeover deal with PE backer HSQ Investments

Kingswood nears takeover deal with PE backer HSQ Investments

HSQ initially invested in Kingswood in 2019

Sahar Nazir
clock 12 March 2025 • 2 min read
Legal and General's asset management arm sees AUM drop by 4% while private markets platform grows

Legal and General's asset management arm sees AUM drop by 4% while private markets platform grows

Profits before tax also fall

Linus Uhlig
clock 12 March 2025 • 2 min read
Trustpilot