News in brief: EasyJet, H&M, travel, clothing

News in brief
News in brief

EasyJet sees bumper year 

Budget airline EasyJet recorded a 4.3% increase in passenger numbers to 5.7million in March compared to the same time last year.

It means that over the last 12 months the group has seen passenger numbers soar 7.2% to 70.7million.

H&M profits fall 

High street fashion group H&M says pre-tax profits for the three months to the end of February dropped 1.4billion Swedish crowns to 3.3billion Swedish crowns. It blamed higher purchasing costs due to the strengthened US dollar and increased markdowns. However, sales over the period rose by 9%.