EasyJet (LON:EZJ) delivered its full year results in line with expectations on Tuesday, though headline profit before tax plunged compared to the year prior. Shares in the low cost airline were up during Tuesday morning trading. The airline posted its results “against the background of a difficult year”. EasyJet revealed that headline profit before tax declined 26% to £427 million. The airline emphasised, however, that this figure does lie towards the top end of its £420-430 million guidance range. For the year ending 30 September, passenger numbers grew by 8.6% to 96.1 million. Total revenue was up by 8.3% amounting to £6.4 billion, compared to the £5.9 billion figure recorded the year prior. EasyJet said that total revenue per seat declined by 1.8% to £60.81, driven by weak consumer confidence. However, the low-cost airline said that this was offset by the positive impact from strikes at British Airways (LON:IAG) and Ryanair (LON:RYA). “More customers than ever are coming to easyJet as their airline of choice, with a record 96.1 million customers flying with us this year,” Johan Lundgren, EasyJet Chief Executive, commented on the results. “We have also invested in tackling disruption for our customers through our Operational Resilience programme, which has reduced cancellations by 46% and lowered delays of 3 hours or more by 24% year on year,” EasyJet’s Chief Executive continued. The company also revealed in its full year results that it will be launching a package holidays business, after having identified a “significant opportunity” in this area. Thomas Cook collapsed just a few months ago. Johan Lundgren said: “I am really thrilled that with the launch, before Christmas, of our brand new easyJet Holidays business we are bringing flexibility and excellent value to the holiday market. We are now able to offer our customers more than 100 amazing beach and city holiday destinations, pairing Europe’s best short-haul flight network with more than 5,000 of Europe’s best hotels. We believe there is a gap in the market for a modern, relevant and flexible business for today’s consumer.” Johan Lundgren claimed that EasyJet will be “the world’s first major airline to operate net-zero carbon flights across our whole network”. “We are doing this by offsetting the carbon emissions from the fuel used for all of our flights,” the Chief Executive explained. Shares in EasyJet plc (LON:EZJ) were up on Tuesday trading at +4.07% as of 08:59 GMT.

Feedback Plc (LON: FDBK) have updated shareholders about a new trial with Pennine Acute Hospitals NHS for its new medical communication platform, Bleepa.

Shares of Feedback plc (LON: FDBK) are trading at 1p. 18/11/19 14:34BST.

In the medical and pharmaceuticals sector, the big names have continued to dominate headlines. Pfizer (NYSE: PFE) have smashed analyst and market expectations. Additionally, British rival GSK (LON: GSK) raised their annual profit forecast following a strong quarterly update.

Bleepa is a platform which enables clinicians to access medical grade images through smartphones, tablets and desktop computers.

Shareholders can be optimistic, as it seems that the NHS have bought into the Bleepa software after agreeing a trial deal.

Feedback added that the trial is set to go live in December, and last for approximately three months to allow a full review of the system.

Seniority at Feedback anticipated that the pilot will be extended to include other clinical teams within the Trust, and expects diversification into the Orthopaedic and Vascular sector.

Dr Tom Oakley, CEO of Feedback, commented:

“Pennine Acute Hospitals NHS Trust is a renowned adopter of new technology given its status as a GDE Fast follower site, and we look forward to working with the team on our first pilot study of Bleepa^®. We believe that Bleepa will accelerate the process of requesting a specialist opinion from colleagues, ultimately resulting in better care for patients, faster.

“The Pennine Acute Hospitals NHS Trust pilot study is our first, but with the interest we have received since the launch of Bleepa at the NHS Expo 2019 in September, we anticipate more to follow.”

Libby Woodcock, EPR Transformation Manager of Pennine Acute Hospitals NHS Trust, commented:

“Transforming clinical services by providing digital enablement is always high on our agenda and we are excited to be involved.”

Dr Georges Ng Man Kwong, Consultant Chest Physician and CCIO of Pennine Acute Hospitals NHS Trust, commented:

“Bleepa is addressing a direct clinical challenge to better support our busy respiratory clinicians (at the Royal Oldham Hospital) by improving referral process and patient care. Each referral requires rapid and reliable access to radiology images and clinical handover information, and a means of messaging referring teams and documenting outcome. Bleepa has the potential to bring this together for our clinicians and therefore for our patients. We are delighted to be involved with this innovation solution.”

This morning in the medical sector, it was also reported that Consort Medical (LON: CSRT) had merged with Swedish based Recipharm (STO: RECI-B).

Feedback have also said the strategic review for its TexRAD medical image analysis technology has needed further developments to support a US Food & Drug Administration submission.

“We have made some product modifications to TexRAD Research in response to customer feedback and are evaluating the impact of these on revenue. In the near term, we will continue to sell TexRAD within the research setting through third party distributors which provides a more cost-effective avenue for maintaining our sales efforts. As a result, we have reduced the resources associated with TexRAD,” said Oakley.

Bezeq Tel (TLV: BEZQ) have seen their shares dip following a modest trading update released to shareholders on Monday.

Shares in the Israeli telecoms firm dipped 0.28% on Monday to ILS286. 18/11/19 14:10BST.

The firm reported a larger than expected fall in third quarter profit, and informed shareholders that it expected a large 2019 loss.

Bezeq Tel alluded to two major write downs of its business units as one of the main reasons for the loss expected in financial 19. Israel’s largest telecom provider is currently undergoing a change of ownership which has led to operational and structural changes.

The firm reported a profit of ILS191 million, down from the 2018 figure of ILS234 million, additionally this was short of analyst expectations of ILS198 million.

As well as the write downs of its business units, Bezeq reported the higher financing expenses contributing to the poor update.

Revenue fell 2.3% to ILS2.25 billion, which did beat analyst expectations of ILS2.23 billion.

The company maintained its forecast for 2019, expecting a net loss of ILS1.1 billion.

Bezeq is in the midst of a major restructuring with several parallel early retirement plans and cost-cutting measures,” Barclays (LON: BARC) analyst Tavy Rosner said. “These are starting to pay off, as demonstrated by the 4% decrease in salaries.”

“We hope that the new policy that will be formulated will enable us to launch fibre optic services for the private sector in Israel on an economic basis,” CEO David Mizrahi said in a statement.

Bezeq have seemingly lapsed behind industry competitors such as Cellcom (NYSE: CEL) and Partner Communications (TLV: PTNR) who have released their own fibre networks. Bezeq have been locked in a deal to try and push their fibre network but negotiations stalled when Bezeq were unwilling to meet demands it provide the service for 100% of the country. In the global telecoms industry, BT (LON: BT.A) have hit headlines after Labour announced on Friday that they planned to nationalize the firm as part of their 2019 election manifesto. Additionally, TalkTalk (LON: TALK) and Spirent Communications (LON: SPT) gave shareholders a positive update on Friday.

Volkswagen (ETR: VOW3) have seen their shares dip after a statement was issued on Monday identifying a gloomy annual outlook.

Shares of Volkswagen dipped 3.95% to €175 on Monday. 18/11/19 13:46BST.

At the end of October, it was reported that Volkswagen’s sales revenue and profit grew between January and September.

Despite the positivity, seniority do not seem so confident on the full year guidance for the german automobile firm.

Volkswagen highlighted that in 2020 operating profit will remain between 6.5 and 7.5%.

We are continuing to pursue our ambitious strategic financial targets for 2020 and 2025,” Frank Witter, the member of the Volkswagen Group Board of Management responsible for Finance and IT.

Frank Witter said: “The Volkswagen Group remains very robust in the face of increasingly difficult economic conditions. However, we will have to apply systematic cost discipline to reach our long-term goals.” Witter concluded “We also confirm our outlook for 2019,”.

Volkswagen join Nissan (TYO: 7201) in a list of firms who have been pessimistic on their guidance for 2019 amid tough market conditions.

In a time where the global automobile market has experienced a slowdown, it seems that seniority at Volkswagen are feeling the slump.

Volkswagen have indeed given better updates compared to rivals, where the German firm have seen both profit and revenue gains.

Global rival such as Suzuki (TYO: 7269) have not been so lucky, seeing major slumps in Indian business. Whilst firms have attempted to combat slow business through mergers, as seen with Fiat Chrysler (NYSE: FCAU) and Peugeot (EPA: UG).

The continued saga between the UK and European Union has affected trading in the car industry, the fact that Volkswagen have not mentioned that they plan to exceed guidance may be a warning to shareholders about tougher tests in the future. The first step in solving the ongoing Brexit negotiations is the general election on the 12th December, and like many British and European firms there is a hope that Britains status with the EU can be clarified as soon as possible. It seems that after last week’s positive update from the German firm, shareholder are remaining somewhat optimistic in tough trading conditions.