Tuesday, May 16, 2017

EasyJet Stock Dips On Wider H1 Loss; Sees FY Results In Line With Market

Shares of easyJet Plc were declining around 6 percent in the morning trading in London after the low-cost airline reported a wider loss in its first half, despite rigorous cost control. Revenues, however, increased with higher traffic and capacity. Looking ahead, for fiscal 2017, the company said its expectations are in line with current consensus market expectations.

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