Resilient performance
easyJet delivered a robust performance in line with expectations
Total revenue increased to £1,771 million. Passengers grew to 31 million, driven by disciplined capacity growth with stable load factor
Strong cost control
Profit before tax and margin broadly flat at constant currency delivered through strong cost control
Targeting flat cost per seat excluding fuel at constant currency from FY 2015 to FY 2019 at normal levels of disruption
Cost control underpinned by short term action and structural initiatives
Capital structure and capital allocation
Maintaining a strong balance sheet, targeting current credit rating
Proposed increase in ordinary annual dividend to 50% payout of post-tax income
Outlook
Forward bookings in line with last year. easyJet is well placed to grow revenue and profit this financial year and deliver sustainable returns and growth for shareholders
