FTSE 100 Live 27 November: easyJet posts results, S&P 500 sets new record

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Easyjet yearly profits surge, reiterates £1bn target

Low-cost hose easyJet contiguous recorded a nett haul of £610 cardinal for the twelvemonth to 30 September, an summation of £155 cardinal connected a twelvemonth earlier.

The performance, which keeps the institution connected way to present its £1 cardinal target, included a 56% emergence for the holidays part to £190 million.

Finance manager Kenton Jarvis, who is owed to go main enforcement successful the caller year, said question remains a steadfast precedence with consumers.

He added: “The hose volition proceed to grow, peculiarly connected fashionable longer leisure routes similar North Africa and the Canaries and we program to instrumentality 25% much customers distant connected bundle holidays, arsenic easyJet holidays continues to thrive.”

The institution has accrued the dividend for shareholders to 12.1p from 4.5p the twelvemonth before, amounting to £92 million.

FTSE 100 seen somewhat higher, US markets acceptable caller records

Leading US benchmarks past nighttime acceptable caller records, with the S&P 500 closing up 0.6% to 6021.63 and the Dow Jones Industrial Average 0.3% higher.

The gains came successful a league erstwhile minutes of the Federal Reserve’s November gathering showed assurance that ostentation is connected way for the bank’s 2% target.

The FTSE 100 scale fell 0.4% by past night’s close, with London’s apical formation forecast to unfastened this greeting 12 points higher astatine 8271.

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