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EasyJet lifts annual profit forecast

Oct. 03, 2014 6:48 AM ETeasyJet plc (ESYJY) StockEJTTF, ESYJYBy: Yoel Minkoff, SA News Editor
  • EasyJet (OTCQX:ESYJY) has raised its annual profit forecast, after benefiting from lower than expected fuel costs, favorable exchange rate moves and a two-week strike at rival airline Air France-KLM.
  • The company said it now expects to report annual pretax profit in the range of £575M-580M ($928M-$936M) compared to the £545M-570M level reported in July.

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