EasyJet sees 14% rise in annual profit

London - Low-cost airline easyJet said it was on track to grow annual profit by at least 14%, assuming no further significant disruption over the next two months.

The company forecast that pretax profits for the twelve months to the end of September would be in the range of £545m ($928m) to £570m and the range included the impact from situations in Israel, Egypt and Moscow.

Analysts currently expect easyJet, whose profits came in at £478m for the year earlier period, to report pretax profit of £569m in the twelve months to the end of September according to Thomson Reuters data.