EasyJet profits soar on holiday demand, smaller winter losses

(Sharecast News) - Low-cost airline easyJet reported a surge in full-year profit and boosted its dividend on strong summer holiday demand and a narrowing of winter losses. The company on Wednesday posted a 34% rise in pre-tax profit to £610m. The dividend was lifted to 12.1p a share from 4.5p.

Profits at easyJet's holiday division soared 56% to £190m.

Reporting by Frank Prenesti for Sharecast.com