**Summary of easyJet PLC Final Results for the Year Ended 30 September 2025**
easyJet PLC reported strong financial results for the fiscal year 2025, marked by a 9% increase in earnings, with headline profit before tax (PBT) reaching £665 million. This growth was driven by a 18% rise in headline earnings before interest and tax (EBIT) to £703 million, reflecting improved performance across both the airline and easyJet holidays segments.
**Key Financial Highlights**
**Revenue Growth** Total revenue increased by 9% to £10.1 billion, supported by a 4% rise in capacity and a 6% increase in average sector length, leading to a 9% growth in available seat kilometres (ASK).
**Profitability** Headline PBT rose to £665 million, with the airline segment contributing £415 million and easyJet holidays adding £250 million. easyJet holidays achieved its medium-term target ahead of schedule and set a new target of £450 million PBT by FY30.
**Operational Efficiency** Headline cost per available seat kilometre (CASK) excluding fuel improved by 1% to 4.46 pence, despite inflationary pressures. Fuel CASK decreased by 7% due to fuel efficiencies and favorable hedging.
**Customer Satisfaction** On-time performance (OTP) improved by 3 percentage points to 72%, and customer satisfaction (CSAT) reached a record high of 80%, up 4 percentage points year-on-year.
**Balance Sheet Strength** Net cash position improved to £602 million, up from £181 million in the previous year, with access to £4.8 billion in liquidity.
**Strategic Initiatives**
**Network Expansion** easyJet opened new bases in Milan Linate, Rome Fiumicino, and London Southend, while closing underperforming bases in Toulouse and Venice. The airline launched 206 new routes and focused on longer leisure and city routes.
**Fleet Modernization** The company took delivery of 9 new A320neo family aircraft and repurchased 8 leased aircraft, strengthening its owned assets. Plans include retiring older aircraft and increasing the NEO fleet to enhance efficiency.
**Sustainability** easyJet is on track to meet its 2035 carbon intensity reduction target, ranked as the top airline globally by Sustainalytics, and maintains strong ESG ratings.
**Outlook**
**Capacity Growth** FY26 ASK capacity is expected to grow by 7%, with easyJet holidays customers projected to increase by up to 15%.
**Cost Management** Total headline CASK is anticipated to see modest inflation, partially offset by operational efficiencies and favorable fuel prices.
**Dividend** A proposed dividend of 20% of FY25 headline profit after tax, amounting to £100 million, is to be paid in early 2026.
**CEO Commentary**
Kenton Jarvis highlighted significant progress towards medium-term targets, with a 46% improvement in PBT since 2023. He emphasized investments in operations and customer experience, leading to improved punctuality and satisfaction. Jarvis expressed confidence in achieving the £1 billion PBT target and reaffirmed easyJets commitment to sustainable and profitable growth.
**Conclusion**
easyJets FY25 results demonstrate robust financial and operational performance, underpinned by strategic investments, cost discipline, and a focus on customer satisfaction. The company is well-positioned to capitalize on future opportunities and achieve its medium-term goals, despite ongoing industry challenges.