EasyJet Profits Soar, Manchester United Losses, BT Flat
On this episode of Stock Movers:
- EasyJet said efforts to renew its fleet are being held back by a slow delivery pace of new aircraft as manufacturers continue to face challenges with their supply chain.
- Shares in Manchester United slipped 6.1% in extended trading following the high-stakes game in Bilbao, Spain last night. Tottenham won the game 1-0, meaning Manchester United will not qualify for any European competition next season — which is likely to affect income streams negatively
- BT said earnings this year will be little changed, in line with analysts’ estimates, as the UK telecommunications company faces increasing competition in its home market.
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