Jet2 PLC (GB:JET2) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Jet2 PLC has reported significant growth with a 24% increase in revenue and a 43% rise in profit before taxation for the year ending 31 March 2024. The company saw record passenger numbers, with a notable 15% increase in higher-margin package holiday customers, contributing to a robust financial performance despite a challenging economic environment. In response to their successful year, Jet2 PLC will pay a 34% higher final dividend and continue investing in expansion, including a new airport base and increased Airbus fleet.
For further insights into GB:JET2 stock, check out TipRanks’ Stock Analysis page.