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Easyjet - £1bn profit target more than double current levels

February 2024

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • EZJ
  • Price:
  • 514p
Easyjet was founded by entrepreneur Stelios Haji-Ioannou, the son of a wealthy Greek-Cypriot shipping tycoon, in 1995 with two leased Boeing 737-200 aircraft flying from London Luton to Glasgow and Edinburgh. While Stelios’ subsequent ventures such as Easy FoodStore, Easycars and Easy Hotels have met with varying degrees of success, Easyjet’s low fares have really captured people’s imagination by allowing them to visit faraway places previously well beyond their reach. Its success came through a combination of selling low cost tickets, “unbundling”  many traditional services such as meals, baggage and blankets and ensuring it only operated short haul routes with high levels of demand. Helping the company along have been sev ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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