easyJet Special Dividend As Profits Rise 51%

Written By Unknown on Selasa, 19 November 2013 | 14.47

easyJet is planning to return £175m to shareholders in a special dividend after full year profits rose 51% to £478m - a record for the company.

The no-frills airline said in addition to the one-off payment of 44.1p per share - subject to shareholder approval - it would also pay a regular ordinary dividend of 33.5p per share worth £133m.

easyJet said it ended its financial year to September 30 with £1.24bn in cash - an increase of £354m on the previous 12 months - and as a result the board was recommending the extra payout.

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