EasyJet shares up but FTSE 100 dips

EasyJet shares up but FTSE 100 dips
 

Shares in EasyJet rose more than 4% in early trade as the airline give an upbeat outlook despite reporting a fall in full-year profits.
Pre-tax profits fell 17% to £408m after what it called a "difficult year".
However, it said revenues in the current quarter - the first of the new financial year - had been "encouraging" as it benefitted from rival airlines' troubles.
Monarch, Air Berlin and Alitalia have all gone into administration this year.
EasyJet was the biggest riser in the FTSE 100, although the share index was down 5.94 points at 7,383.52.
Shares in Compass... read more

 
21 November 2017 in Business, Views: 47
Source: BBC
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