2007/082006/072005/062004/052003/042002/03Key Documents

Jet2 plc Company Reports

Annual Report and Accounts 2016/17

Report and Accounts 2017

Chairman's Statement

Profit before taxation reduced by 14% to £90.1m (2016: £104.2m). This result includes considerable investment to launch our two new Jet2.com operating bases at Birmingham and London Stansted Airports and also includes a £10.9m charge for foreign exchange revaluation losses (2016: £1.3m). Before accounting for these revaluation losses, underlying profit before taxation reduced by 4% to £101.0m (2016: £105.5m). Basic earnings per share fell by 14% to 51.80p (2016: 60.22p).
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Business & Financial Review

The Group’s financial performance for the year ended 31 March 2017 is reported in line with International Financial Reporting Standards (“IFRS”), as adopted by the EU.

Strong customer demand and resilient ticket pricing for the summer 2016 season gave way to heavier price discounting in the second half of the year to achieve the planned growth in customer volumes for the Leisure Travel business. This customer volume increase, plus a 14% increase in Distribution & Logistics revenue to £163.5m (2016: £144.0m), resulted in Group revenue increasing by 23% to £1,729.3m (2016: £1,405.4m). read more

Financial Statements

Including the Consolidated Group Income Statement, Consolidated Group Balance Sheet, and Consolidated Group Cash Flow Statement
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