The parent company of Jet2.com and Jet2holidays expects half-year operating profits to rise by at least 60% after an “exceptional summer season”.
Following the update, the company’s share price embarked on a roller-coaster ride: opening at £4.95, before falling as low as £4.40. It recovered to close at £4.71 on Monday.
Paul Scott, small caps editor at Stockopedia, said the lukewarm reception to the “rip-roaring trading update” could be down to external uncertainty.
