EasyJet ups dividend on surging profits from ‘record breaking' summer
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EasyJet reported a 34% increase in pre-tax profits due to a 'record breaking' summer, leading to a 2% rise in its shares and an increase in dividends.
November 27, 2024 | 9:45 am
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EasyJet's shares rose by 2% following a 34% increase in pre-tax profits and an announcement of increased dividends, driven by a successful summer season.
The significant increase in pre-tax profits and the decision to raise dividends are positive indicators for EasyJet, likely boosting investor confidence and driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100