Air Partner (AIP)

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327.63p
   
  • Change Today:
    -0.50p
  • 52 Week High: 620.00
  • 52 Week Low: 315.00
  • Currency: UK Pounds
  • Shares Issued: 10.26m
  • Volume: 5,625
  • Market Cap: £33.62m
  • RiskGrade: 289

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 327.63p
Change Today -0.50p
% Change -0.15 %
52 Week High 620.00
52 Week Low 315.00
Volume 5,625
Shares Issued 10.26m
Market Cap £33.62m
RiskGrade 289

Air Partner Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
25.23% above the market average25.23% above the market average25.23% above the market average25.23% above the market average25.23% above the market average
18.31% above the sector average18.31% above the sector average18.31% above the sector average18.31% above the sector average18.31% above the sector average
Price Trend
57.64% below the market average57.64% below the market average57.64% below the market average57.64% below the market average57.64% below the market average
74.03% below the sector average74.03% below the sector average74.03% below the sector average74.03% below the sector average74.03% below the sector average
Income
94.16% above the market average94.16% above the market average94.16% above the market average94.16% above the market average94.16% 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
86.35% below the market average86.35% below the market average86.35% below the market average86.35% below the market average86.35% 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 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
  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 21-Aug-2014

Time Volume / Share Price
15:54 1,932 @ 324.60p
11:17 2,000 @ 323.00p
09:24 238 @ 332.34p
08:41 150 @ 332.40p
08:30 39 @ 332.40p

Air Partner Key Personnel

CEO Mark Briffa
CFO Neil Morris

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