Jet2 PLC

JET2

Equity

ISIN GB00B1722W11 / Valor 2632042

LSE London Stock Exchange, SETS (2025-11-20)

GBP 13.18-2.73%

Jet2 PLC
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About company

Jet2 PLC is a leading UK-based leisure travel company that operates through its airline, Jet2.com, and its package holiday division, Jet2holidays. Jet2.com provides flights to over 75 destinations, including sun, city, and ski locations across Europe and beyond, catering to a wide range of holiday preferences. Complementing its airline services, Jet2holidays offers comprehensive package deals featuring more than 5,000 directly contracted hotels in popular regions such as the Mediterranean, the Canary Islands, and various European leisure cities. As the largest package holiday provider in the UK, Jet2 PLC focuses on delivering reliable and competitively priced travel options to its customers, leveraging its extensive network and industry partnerships to facilitate diverse and accessible holiday experiences.

Summarized from source with an LLMView SourceSector: Consumer Services

Key financials

Revenue £7,173.5m (up 15%); operating profit £446.5m (up 4%); profit before FX revaluation & taxation £577.7m (up 11%); profit before taxation £593.2m (up 12%); profit after tax £446.8m (up 12%).

Passengers & product mix

Total flown passengers 19.77m (+12%). Package holiday customers 6.58m (+8%); flight‑only passengers 6.62m (+18%). Over 66% of flown passengers took an end‑to‑end package holiday in the year.

Earnings & returns to shareholders

Basic EPS 213.1p (+15%), diluted EPS 207.2p. Final dividend proposed 12.1p (2024: 10.7p), total dividend 16.5p (2024: 14.7p). Share buyback programme up to £250m launched (first tranche £125m; >35% complete).

Balance sheet & liquidity

Total cash and money market deposits £3,155.8m (slightly down); 'Own Cash' £1,096.9m (down from £1,331.4m). Total debt reduced 22% and net cash improved to £2,017.9m (up 17%).

Capital allocation & fleet

Strategic investment in two new UK bases (Bournemouth, London Luton) expanding reach to 85% of UK population within 90 minutes. Added seven A321neo in-year; Summer 2025 fleet planned at 135 aircraft (23 A321neo) with further deliveries through to 2035. Pre‑mature repurchase of £384.5m principal of convertible bonds and EBT acquisition of 11.3m shares for £158.5m to mitigate dilution.

Trading outlook

Bookings trend shows later purchasing but strong demand when pricing is attractive; Company states trading in line with market expectations and cites Company‑compiled consensus for FY2026 profit before FX revaluation & taxation of ~£579m. Management will host an analyst meeting on 9 July 2025.

Summarized from source with an LLMView Source

Key figures

-7.05%1Y

46.4%3Y

-1.11%5Y

Performance

38.1%1Y

33.9%3Y

40.5%5Y

Volatility