1. EASYJET Elien Gunst 3AFA 2014-2015

2. Easyjet - Low-cost airline - Founded in 1995 - Listed on the London Stock Exchange - FTSY 100

3. Easyjet - London Luton Airport - Largest airline of the UK - Employs 8,900 people - 118 destinations - Second largest low-cost airline of Europe

4. Strategy EasyjetRyanair Primary airportsSecondary airports Focus on business peopleNot a focus on business people No travel agents Booking online

5. Balance Sheet

8. Income Statement

12. Financial Ratios CURRENT RATIO Current Assets Current Liabilities 1,261,000 1,420,000 = 0.8880  BAD QUICK RATIO (Current Assets –Inventories) Current Liabilities 1,261,000 1,420,000 = 0.8880  BAD

13. Financial Ratios RETURN ON EQUITY Net Income Shareholder’s Equity 450,000 2,345,000 = 0.1918 = 19.18%  GOOD NET PROFIT MARGIN Net Profit Net Sales 450,000 4,527,000 = 0.0994 = 9.94%  GOOD

14. Conclusion - Profitability: good - Liquidity: bad  pay attention!

15. THANKS FOR YOUR ATTENTION!