easyJet PLC (OTCPK:EJTTF)
$ 6.2814 0 (0%) Market Cap: 4.94 Bil Enterprise Value: 4.90 Bil PE Ratio: 12.24 PB Ratio: 1.42 GF Score: 78/100

Half Year 2020 Easyjet PLC Earnings Call Transcript

Jun 24, 2020 / 04:30PM GMT
Release Date Price: $9.01 (-7.87%)
Operator

Hello, and welcome to today's easyJet analyst call. My name is Dan, and I will be your coordinator for today's event. Please note this conference is being recorded. (Operator Instructions)

I will now hand you over to your host, Johan Lundgren, to begin today's conference. Thank you.

Johan Peter Lundgren
easyJet plc - CEO & Director

Thank you very much for that, and good afternoon, everyone, and thanks for joining us to discuss easyJet's H1 2020 results. With me on the call are Andrew Findlay, our CFO; as well as Michael and Holly from our IR team. You should have been seen the slides along with the statement, which are also available on our corporate website. We will talk you through the presentation and then follow up with plenty of time for your questions.

So starting on Slide 3. easyJet has been decisive in meeting the challenges of the coronavirus through driving down costs, delivering massive reduced CapEx, while retaining excellent fleet flexibility, and through having secured around GBP 2 billion in additional debt funding. We

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