Full Year 2025 Jet2 PLC Earnings Call Transcript

Jul 09, 2025 / 08:00AM GMT
Steve Heapy Jet2 plc-Chief Executive Officer

Good morning, everyone. Welcome to our Investment Analyst Conference Call, our first audio cast. I'm Steve Heapy, CEO of Jet2 plc; and I'm joined today by Gary Brown, our group CFO.

We're going to take you through the highlights of the results and then talk about the financial performance of the Group and then give you an update on our strategy, and then we'll open up the floor to questions from people both in the room and remotely.

So, record passenger numbers, record revenue, and record profitability, another year of record results, very happy and very proud of them.

Passengers, nearly 20 million at 12% up. Revenue GBP7.2 billion, that was 15% up, and profits, record profits again, 11% up, Group PBT pre-FX and tax GBP578 million.

We've made a lot of investments during the year. We opened a Liverpool base last year, four aircraft, that's increased to five aircraft for this summer, performing well. We've launched Bournemouth middle of February this year, and we launched Luton on the April 1, so that's three new

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