Air Partner (AIP)

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335.75p
   
  • Change Today:
      1.00p
  • 52 Week High: 620.00p
  • 52 Week Low: 315.00p
  • Currency: UK Pounds
  • Shares Issued: 10.26m
  • Volume: 44,160
  • Market Cap: £34.45m
  • RiskGrade: 336

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 335.75p
Change Today 1.00p
% Change 0.30 %
52 Week High 620.00p
52 Week Low 315.00p
Volume 44,160
Shares Issued 10.26m
Market Cap £34.45m
RiskGrade 336

Air Partner Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
78.11% above the market average78.11% above the market average78.11% above the market average78.11% above the market average78.11% above the market average
85.92% above the sector average85.92% above the sector average85.92% above the sector average85.92% above the sector average85.92% above the sector average
Price Trend
51.03% below the market average51.03% below the market average51.03% below the market average51.03% below the market average51.03% below the market average
63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average
Income
93.03% above the market average93.03% above the market average93.03% above the market average93.03% above the market average93.03% above the market average
72.00% above the sector average72.00% above the sector average72.00% above the sector average72.00% above the sector average72.00% above the sector average
Growth
86.54% below the market average86.54% below the market average86.54% below the market average86.54% below the market average86.54% below the market average
87.69% below the sector average87.69% below the sector average87.69% below the sector average87.69% below the sector average87.69% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
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
  Final 2nd Interim
Ex-Div 14-May-14 02-Oct-13
Paid 16-Jun-14 25-Oct-13
Amount 14.00p 14.00p

Trades for 01-Aug-2014

Time Volume / Share Price
16:35 399 @ 335.75p
15:39 1,850 @ 333.00p
14:31 690 @ 325.75p
14:26 1,000 @ 325.72p
14:21 2,000 @ 330.00p

Air Partner Key Personnel

CEO Mark Briffa
CFO Neil Morris

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