06/09/2002
Air Partner flew 12.5p higher to 317.5p after the world's largest corporate air charter broker said full-year figures to July would top City expectations by 10%. The group will unveil its results on 10 October. Managing director David Savile says: 'In some areas of activity we've simply outgrown any downturn in the industry - in others we've seen continued growth. We now expect a substantial increase in our profit for the year, ahead of current City expectations.' House broker Evolution Beeson Gregory previously predicted £3.2m pre-tax, giving earnings of 21.3p. Last time out the group posted £2.2m pre-tax profits on sales of £89.2m. At the interim stage the company delivered robust figures, making £1.6m pre-tax - a 28% improvement - on lower sales of £44.8m (£46.3m). EPS leapt 54% to 10.8p. These results were achieved against the most challenging market conditions ever seen in the industry following 11 September.
| Market cap: | £29.2m |
| PE Forecast: | n/a |
| Share price: | 323p |
Related Articles: |
| 17/12/2007 |
| 14/12/2007 |
| 06/11/2006 |
| 06/11/2006 |
| 01/03/2005 |
People who read this article also read ... |
| 13/01/2006 |
| 30/03/2005 |
| 08/10/2004 |
Commercial Mortgage Quote
We present absolutely free financial information and a superior financial search system.
Looking for Commercial Mortgage Quote
We have reviewed and sorted 405 odd links for commercial mortgage quote - the top 10 list is presented here.
Commercial Mortgage Quote
Looking for Commercial Mortgage Quote? Search over 15,000 sites with one click. Your source for everything under the sun.