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Air Partner annual profit jumps; starts new fiscal year ahead of expectations
StockMarketWire.com
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Aviation services group Air Partner said first-quarter performance was ahead of management's expectations after reporting a jump in annual profit.
For the year ended 31 January 2021, pre-tax profit rose 833% to £8.4 million as revenue increased 6.7% to £71.2 million.
Profit growth was driven by 'strong trading and cost saving measures,' the company said.
The company recommended a final dividend of 1.6p per share, taking the total dividend to 2.4 pence per share, up 33.3% on prior year.
'We have started the new financial year ahead of expectations, with our organic investments in the US continuing to drive growth in this important market,' the company said.
At 9:13am: (LON:AIR) Air Partner Plc share price was 0p at 72.6p
Story provided by StockMarketWire.com
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