Air Partner (AIP)

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270.00p
   
  • Change Today:
    -4.63p
  • 52 Week High: 620.00p
  • 52 Week Low: 251.75p
  • Currency: UK Pounds
  • Shares Issued: 10.26m
  • Volume: 8,386
  • Market Cap: £27.71m
  • RiskGrade: 220
  • Beta: 0.22

Air Partner profit jumps 93%, chairman to step down

Date: Thursday 13 Oct 2011

LONDON (ShareCast) - Aviation group Air Partner posted a 93% surge in pre-tax profit and ramped up revenue 23% to £282m despite a difficult trading environment.

The group also confirmed that chairman Aubrey Adams intends to resign from his post once the search for his successor has been completed.

Commenting on trading Air Partner said the focus on core broking has delivered strong results.

Pre-tax profit rose to £5.3m for the year ended 31 July 2011 from £2.7m the year before.

However looking ahead Air Partner said it is cautious about its prospects for the current year, "given the severe economic uncertainty in major world markets and the lack of visibility which characterizes our industry."

"Nevertheless, the Board is confident in the long term growth prospects for Air Partner's key markets and believes that cautious investment in people and in new systems will promote sales and provide a firm basis for future success."

A final dividend of 11p has been recommended, bringing dividends for the period to 16.5p per share, up 10%.



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cj

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Air Partner Market Data

Currency UK Pounds
Share Price 270.00p
Change Today -4.63p
% Change -1.68 %
52 Week High 620.00p
52 Week Low 251.75p
Volume 8,386
Shares Issued 10.26m
Market Cap £27.71m
Beta 0.22
RiskGrade 220

Air Partner Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
79.99% above the market average79.99% above the market average79.99% above the market average79.99% above the market average79.99% above the market average
83.33% above the sector average83.33% above the sector average83.33% above the sector average83.33% above the sector average83.33% above the sector average
Price Trend
73.39% below the market average73.39% below the market average73.39% below the market average73.39% below the market average73.39% below the market average
87.65% below the sector average87.65% below the sector average87.65% below the sector average87.65% below the sector average87.65% below the sector average
Income
96.09% above the market average96.09% above the market average96.09% above the market average96.09% above the market average96.09% above the market average
80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average
Growth
85.78% below the market average85.78% below the market average85.78% below the market average85.78% below the market average85.78% below the market average
93.85% below the sector average93.85% below the sector average93.85% below the sector average93.85% below the sector average93.85% below the sector average

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 1
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Air Partner Dividends

  Latest Previous
  Interim Final
Ex-Div 01-Oct-14 14-May-14
Paid 24-Oct-14 16-Jun-14
Amount 6.66p 14.00p

Trades for 21-Nov-2014

Time Volume / Share Price
15:13 1,798 @ 276.00p
14:42 300 @ 271.23p
14:34 2,000 @ 276.25p
13:28 1,100 @ 276.30p
12:05 1,000 @ 270.25p

Air Partner Key Personnel

CEO Mark Briffa

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