Our Strategic Focus

Mid Term Targets

Aircraft Seat

Group PBT per seat of £7-£10

Instructional Fix

High teen ROCE1

Relax

Holidays PBT to >£250m

Relax

Disciplined capacity growth c.5% CAGR2

1) ROCE is calculated by taking headline profit/loss before interest and tax, applying tax at the prevailing UK corporation tax rate at the end of the financial year, and dividing by the average capital employed. Capital employed is shareholders equity, excluding the hedging and cost of hedging reserves, plus net debt. 2) Capacity growth between 2023 and 2028

easyJet holidays

Business model that cannot be replicated

Business model that cannot be replicated

Medium term target

Medium term target to deliver >£250m PBT

Capital Structure Seminar

Annual Report