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Pin to quick picksAvation Share News (AVAP)

Share Price Information for Avation (AVAP)

London Stock Exchange
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Share Price: 135.00
Bid: 135.50
Ask: 140.00
Change: -8.00 (-5.59%)
Spread: 4.50 (3.321%)
Open: 140.00
High: 142.00
Low: 135.00
Prev. Close: 143.00
AVAP Live PriceLast checked at -

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SMALL-CAP WINNERS & LOSERS: Ted Baker back in fashion on narrowed loss

Thu, 11th Nov 2021 11:03

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

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SMALL-CAP - WINNERS

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Pharos Energy PLC, up 5.8% at 21.47 pence, 12-month range 11.50p-28.65p. The oil and gas exploration and production company says the first phase of the TGT 4 well infill development drilling programme in Vietnam has finished. All four infill development wells were drilled within schedule and well under budget, it says.

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Ted Baker PLC, up 4.2% at 142.50p, 12-month range 91.05p-217.60p. The fashion retailer expresses optimism in its prospects after upbeat earnings. For six months to August 14, revenue rises 18% to GBP199.3 million from GBP169.5 million last year as pretax loss narrows to GBP25.3 million from GBP86.4 million loss. "I'm pleased with the continued progress we're making, as we return to revenue growth, and make big strides back towards profitability. The brand remains healthy, delivering a stronger full price mix alongside encouraging early reactions to the new collection," says Chief Executive Officer Rachel Osborne.

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Tullow Oil PLC, up 1.4% at 45.90p, 12-month range 21.52p-66.22p. The oil and gas company says it is increasing its stakes in the Jubilee and TEN oil fields in Ghana for USD150 million. Tullow says, assuming all joint-venture partners fully exercise their pre-emption rights, its stake in the block would increase by 7.7 percentage points to 54.8%. This would increase Tullow's interests in the Jubilee and TEN fields to 38.9% and 54.8%, respectively. Tullow adds that the Ghana deal will add about 10% to daily group production, adding to cash flow and helping to reduce debt.

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Avation PLC, up 1.2% at 109.85p, 12-month range 83.00p-152.50p. The passenger aircraft leasing company says it has completed the sale of a 20-year-old Airbus A321-200 aircraft for an undisclosed sum. Executive Chair Jeff Chatfield says: "Avation has a policy of focusing on new design, young and fuel-efficient aircraft. This A321 was Avation's oldest aircraft at about 20 years old, and thus was an ideal candidate for disposal".

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By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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29 Apr 2019 12:25

Avation Buys And Leases Fifth Airbus A220-300 Aircraft

LONDON (Alliance News) - Avation PLC, a commercial passenger aircraft leasing company, said Monday that it has bought and leased its fifth new Airbus A220-300 aircraft to airBaltic, a Latvian for

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28 Mar 2019 09:50

Avation Agrees To Buy Boeing 737-800 Aircraft For Undisclosed Sum

LONDON (Alliance News) - Aircraft leasing firm Avation PLC said Thursday it has agreed to buy a second-hand Boeing 737-800 next generation aircraft for an undisclosed sum, which is currently to on

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21 Feb 2019 11:08

Avation Declares Maiden Dividend After Record Interim Earnings Growth

LONDON (Alliance News) - Avation PLC on Thursday proposed a maiden payout after reporting record earnings growth in the first half of its current financial year.The aircraft leasing company

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14 Feb 2019 16:11

UK Earnings, Trading Statements Calendar - Next 7 Days

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11 Feb 2019 11:01

Avation Expects Sharp Rise In Interim Profit And Revenue

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18 Jan 2019 09:59

Avation Leases ATR 72-600 Aircraft To South-Asian Airline For 8 Years

LONDON (Alliance News) - Avation PLC on Friday said it has entered into a long-term lease agreement with an undisclosed South Asian airline for one new ATR 72-600 aircraft.The aircraft said

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3 Jan 2019 11:10

Avation Exercises Option For Eight Further ATR 72-600 Aircraft

LONDON (Alliance News) - Aircraft leasing firm Avation PLC on Thursday said it has ordered a further eight ATR 72-600 aircraft for the next three years.The deal, with French firm ATR, will

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18 Dec 2018 09:20

Avation to lease four more A220s to airBaltic

(Sharecast News) - Commercial passenger aircraft leasing company Avation confirmed on Tuesday that it had been selected by airBaltic for the sale and leaseback of four additional new Airbus A220-300 aircraft, for delivery in the first half of 2019.

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26 Nov 2018 18:41

DIRECTOR DEALINGS: Avation Executive Director Mahoney Sells Shares

LONDON (Alliance News) - Commercial passenger aircraft leasing company Avation PLC said Executive Director Roderick Mahoney sold 133,000 shares at a price of 253 pence per share.Following a

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3 Oct 2018 13:00

Wednesday broker round-up

(Sharecast News) - Yellow Cake: Berenberg reiterates buy with a target price of 254p.

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3 Oct 2018 08:42

Avation Sells Aircraft To Asian Investor For "Around" Market Value

LONDON (Alliance News) - Avation PLC said Wednesday it will sell a 23-month old aircraft to an unnamed Asian investor.The deal is due to close this October, with a conditional sale and for

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1 Oct 2018 11:41

Avation Delivers First New ATR 72-600 Aircraft To Danish Air Transport

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6 Sep 2018 14:49

Avation pleased with performance after redeploying capital

(Sharecast News) - Commercial passenger aircraft leasing company Avation issued its preliminary unaudited financial results for the year ended 30 June on Thursday, reporting a 38% uplift in its fleet assets to $1.03bn over the course of the 12-month period.

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6 Sep 2018 12:14

Avation Grows Annual Revenue But Profit Falls On Higher Expenses

LONDON (Alliance News) - Avation PLC on Thursday said revenue increased in financial 2018, but profit slipped due higher costs and an impairment.The passenger aircraft leasing company said

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15 Aug 2018 10:50

Avation Leases Two Aircraft To Danish Airliner For 12 Years

LONDON (Alliance News) - Avation PLC said Wednesday that it has leased two new ATR 72-600 aircraft to Danish Air Transport AS for 12 years.The commercial passenger aircraft leasing company

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