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 ...

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