Updates from easyJet and Homeserve

The FTSE 100 climbed 30 points on Monday, finishing the day at 6,723. The biggest riser - by a large margin - was Aberdeen Asset Management, up more than 14% following its SWIP deal. Aberdeen's shares hit 489.70p.

The Dow Jones ended Monday 14 points higher at 15,976 despite hitting 16,000 earlier.
We start with a highly profitable touchdown for easyJet. Full-year profits soar 51% to £478m; the airline says it is also will hand back £175m to shareholders in a special dividend, 44.1p per share, plus a regular dividend of 33.5p per share.

Total revenue per seat grew 7.0% to £62.58 driven by "a benign capacity environment" and allocated seating. Last year Easyjet made a profit of £4.81 per seat. But this year that figure climbs to just over £7.

"Our disciplined approach to capacity allocation," says boss Carolyn McCall, "has resulted in a meaningful growth in earnings, profit margin and return on capital employed and we have ended the year with a strong balance sheet and a low level of gearing."

Next, Smiths Group. For the three months to 2 November 2013, overall trading at Smiths Group is in line with expectations claims the company with revenue and headline operating profit up on an underlying and reported basis.

At 2 November, net debt was £740m, slightly down from £744m at 31 July 2013. Headline operating profit improvements in Detection, John Crane and Flex-Tek offset weakness in Medical and Interconnect.

"As expected," says Smiths, "headline operating profit in the first quarter was held back by the impact of the US medical device tax and continued tough trading in developed markets."

We end with a half-yearly update from Homeserve. Revenues are up 5% to £241.3m. However UK revenues are cut to £127.2m, down £7.3m. International revenues rise by £20.5m. Total customer numbers accelerate to 5.1m, a 0.3m hike.

"We expect UK customer numbers to stabilise from March 2014," says chairman Barry Gibson, "and as we continue to develop and grow our International businesses, we expect the Group to return to modest growth in FY2015."

It was recently announced that Homeserve's UK chief exec, Jonathan King, is to quit. However the FTSE 250 player is still in the midst of a mis-selling investigation."