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Easyjet


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Wizz Air returns to profit, sees robust year for travel

UPDATE 2-Wizz Air returns to profit, sees robust year for travel Company expects 500-600 mln euros FY25 net profit Says selling load factors trending higher YoY Shares up 5% Adds share movement 1st, 6th paragraph, comments from CEO interview and analyst from 3rd paragraph By Eva Mathews May 23 (Reuters) - Wizz Air WIZZ.L is gearing up for a strong summer after its first annual profit in three years lifted the European low-cost airline's London-listed shares on Thursday.
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Miners lift London stocks as gold, copper hit record highs

UPDATE 2-Miners lift London stocks as gold, copper hit record highs For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 up 0.1%; FTSE 250 adds 0.6% Precious Metal miners lead gains after gold touches record high Keywords Studios surges after buyout offer Updated at 152 GMT By Pranav Kashyap and Purvi Agarwal May 20 (Reuters) - London equities managed to eke out some gains on Monday after two consecutive sessions of losses, helped by
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Ryanair boss says 'recessionary feel' may be limiting air ticket price rises

UPDATE 4-Ryanair boss says 'recessionary feel' may be limiting air ticket price rises Ryanair annual profit hits record 1.92 billion euros Summer fare growth heavily dependent on close-in bookings Sees Boeing production quality was improving Announces 700 million euros share buyback Adds CEO quotes on outlook, Boeing in paragraphs 9-10, 13 By Padraic Halpin DUBLIN, May 20 (Reuters) - Ryanair RYA.I CEO Michael O'Leary said on Monday that a "recessionary feel around Europe" could be a factor in sl
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Antofagasta, Imperial Brands, Sodexo

EUROPE RESEARCH ROUNDUP-Antofagasta, Imperial Brands, Sodexo May 17 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Antofagasta, Imperial Brands and Sodexo, on Friday. HIGHLIGHTS * Antofagasta Plc ANTO.L : HSBC raises target price to 1,100p from 1,000p * Diploma Plc DPLM.L : Morgan Stanley raises target price to 4,700p from 3,915p * Imperial Brands IMB.L : Jefferies raises target price to 1,850p from 1,710p * OMV AG OMVV.VI : Berenb
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UK Stocks-Factors to watch on May 17

UK Stocks-Factors to watch on May 17 May 17 - Britain's FTSE 100 .FTSE index is seen opening lower on Friday, with futures FFIc1 down 0.2%. * HALEON: British drugmaker GSK GSK.L said it plans to sell about 385 million shares, representing its entire shareholding, in spun-off consumer healthcare business Haleon HLN.L . * HSBC: HSBC's HSBA.L , 0005.HK largest shareholder, China's Ping An Insurance 601318.SS, is mulling options to reduce its 8% stake in the Asia-focussed lender, Bloomberg News repo
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British Business - May 17

PRESS DIGEST-British Business - May 17 May 17 (Reuters) - Following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - British drugmaker GSK GSK.L said on Thursday it plans to sell about 385 million shares, representing its entire shareholding, in spun-off consumer healthcare business Haleon HLN.L .
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Lufthansa's ITA deal faces EU veto unless stronger remedies offered, sources say

UPDATE 1-Lufthansa's ITA deal faces EU veto unless stronger remedies offered, sources say Recasts headline and first four paragraphs By Foo Yun Chee, Ilona Wissenbach and Angelo Amante BRUSSELS/FRANKFURT/ROME, May 16 (Reuters) - Lufthansa's LHAG.DE bid to buy a stake in Italian peer ITA is set to be blocked by EU antitrust regulators unless there is a substantial improvement to remedies to address competition concerns, people with direct knowledge of the matter said on Thursday.
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EU poised to veto Lufthansa's ITA deal unless substantial remedies offered, sources say

EU poised to veto Lufthansa's ITA deal unless substantial remedies offered, sources say BRUSSELS, May 16 (Reuters) - Lufthansa's LHAG.DE bid to buy a stake in Italian peer ITA is set to be blocked by EU antitrust regulators unless there is a substantial improvement to remedies to address competition concerns, people with direct knowledge of the matter said on Thursday.
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Who is Kenton Jarvis, easyJet's next CEO?

FACTBOX-Who is Kenton Jarvis, easyJet's next CEO? LONDON, May 16 (Reuters) - EasyJet EZJ.L said on Thursday Chief Financial Officer Kenton Jarvis would take over as CEO early next year after Johan Lundgren leaves the British low-cost budget airline. The surprise move rattled the market, sending shares down over 4%, with the company vowing that the next months would be spent ensuring a smooth handover.
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Lufthansa offers short-haul compromise for ITA deal, sources say

REFILE-Lufthansa offers short-haul compromise for ITA deal, sources say Adds dropped verb, strengthen, in paragraph 2 By Foo Yun Chee, Ilona Wissenbach and Angelo Amante BRUSSELS/FRANKFURT/ROME, May 16 (Reuters) - Lufthansa LHAG.DE has offered to keep some competing ITA short-haul routes in an effort to secure EU antitrust approval for its bid for a stake in the Italian airline, people with direct knowledge of the matter said on Thursday.
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FTSE 100 ends lower on disappointing corporate updates, BT Group soars

UPDATE 2-FTSE 100 ends lower on disappointing corporate updates, BT Group soars For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window BT Group up after CEO aims for more than double free cash flow Sage Group tumbles after lowering annual revenue forecast FTSE 100 down 0.1%, FTSE 250 adds 0.2% Updated at 1615 GMT By Pranav Kashyap and Purvi Agarwal May 16 (Reuters) - B ritain's FTSE 100 closed slightly lower on Thursday, as disappointing news f
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EasyJet falls on wider-than-expected pretax loss, CEO change

BUZZ-EasyJet falls on wider-than-expected pretax loss, CEO change ** British budget airline EasyJet EZJ.L down 7.3% at 490.6p ** CEO Johan Lundgren will step down in early 2025, succeeded by CFO Kenton Jarvis ** Co also reported headline pretax loss of 350 mln pounds vs estimate of 340 mln pounds loss, per LSEG data ** Says bookings continue to pro
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European futures mixed, more earnings eyed

LIVE MARKETS-European futures mixed, more earnings eyed Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPEAN FUTURES MIXED, MORE EARNINGS EYED European shares were set to open broadly unchanged on Thursday after rising to fresh record highs the day before as renewed optimism over rate cuts in the U.S.
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UK Stocks-Factors to watch on May 16

UPDATE 1-UK Stocks-Factors to watch on May 16 Adds new items, updates futures May 16 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0 .20 %. * ASTRAZENECA: Astrazeneca's investigational COVID-19 prevention therapy met its primary goals in a late-stage trial, the drugmaker said on Thursday. * BT: The new boss of BT BT.L set out a path to more than double free cash flow over the next five years on Thursday and potentially dispose of its global
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EasyJet sinks as CEO plans to step down next year

UPDATE 4-EasyJet sinks as CEO plans to step down next year CFO Jarvis to succeed Lundgren as CEO early next year Jarvis says committed to current strategy H1 pretax loss 350 mln stg vs guidance of 340-360 mln Shares down over 4% Updates with analyst, CEO comments, latest share price By Joanna Plucinska LONDON, May 16 (Reuters) - Johan Lundgren, the architect of easyJet's EZJ.L recovery from the pandemic, will step down in early 2025, it said on Thursday, knocking the budget airline's shares as i
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EasyJet reports slightly higher than expected first-half loss

EasyJet reports slightly higher than expected first-half loss LONDON, May 16 (Reuters) - British budget airline easyJet reported a bigger than expected first-half loss on Thursday ahead of a busy summer season that could be undermined by potential pilot strikes. The company reported a headline pretax loss of 350 million pounds ($443.7 million), compared with an expected loss of 340 million pounds, according to an LSEG analyst poll.
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EasyJet says CFO Jarvis to succeed Lundgren as CEO in early 2025

EasyJet says CFO Jarvis to succeed Lundgren as CEO in early 2025 LONDON, May 16 (Reuters) - British airline easyJet said EZJ.L Johan Lundgren will step down as chief executive in early 2025 after seven years in the role, and current chief financial officer Kenton Jarvis will take over the top job. Reporting by Sarah Young Editing by William Schombe
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How easyJet's bet on holidays paid off

FOCUS-How easyJet's bet on holidays paid off By Joanna Plucinska LONDON, May 16 (Reuters) - EasyJet's big bets on package holidays and better-located airports are helping it win customers, its CEO and investors say, even as concerns linger about the high cost of the strategy for an airline known for its no-frills service. The turnaround is part of a years-long effort by CEO Johan Lundgren to cut debt, revive the share price, and restore revenues after the pandemic.
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UK Stocks-Factors to watch on May 16

CORRECTED-UK Stocks-Factors to watch on May 16 Corrects company name to 'BP' from 'PB' in bullet 4 May 16 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.4%. * ANGLO AMERICAN: Anglo American AAL.L has suspended hiring globally, according to an internal memo reviewed by Reuters, as it gets plans underway to simplify itself and build value - and avert a $43 billion takeover bid by Australia's BHP Group BHP.AX .
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UK corporate earnings week ahead

DIARY-UK corporate earnings week ahead May 10 (Reuters) - Diary of U.K (.FTSE) corporate earnings for the week ahead UK EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 13-May-2024 NTS DPLM.L Diploma PLC Half Year 2024 Diploma PLC Earnings Release 14-May-2024 NTS VOD.L Vodafone Group PLC Full Year 2024 Vodafone Group PLC Earnings Release 14-May-2024 BMO DCC.L DCC PLC Full Year 2024 DCC PLC Earnings Release 14-May-2024 06:00 FLTRF.L Flutter Entertainment PLC Q1 2024 Flutter Entert
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