Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAvation Share News (AVAP)

Share Price Information for Avation (AVAP)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
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 -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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.

----------

SMALL-CAP - WINNERS

----------

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.

----------

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.

----------

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.

----------

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".

----------

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
29 Jun 2020 14:51

Avation Profit Soars; Says Cash Position Robust Amid Return To Service

Avation Profit Soars; Says Cash Position Robust Amid Return To Service

Read more
19 Jun 2020 14:39

IN BRIEF: Avation Secures Arrangements For Virgin Australia Aircraft

IN BRIEF: Avation Secures Arrangements For Virgin Australia Aircraft

Read more
19 Jun 2020 12:01

Avation enters agreements over Virgin Australia aircraft

(Sharecast News) - Aircraft leasing company Avation said it had struck a deal on five aircraft that were on lease to Virgin Australia, which entered administration on 21 April.

Read more
27 May 2020 13:10

UK TRADING UPDATE SUMMARY: Caffyns To Reopen Showrooms As Curbs Ease

UK TRADING UPDATE SUMMARY: Caffyns To Reopen Showrooms As Curbs Ease

Read more
18 May 2020 15:40

Avation negotiates six-year extension on 737 lease

(Sharecast News) - Commercial passenger aircraft leasing company Avation has negotiated a six-year lease extension on an Asian flag carrier-operated Boeing 737-800 aircraft.

Read more
18 May 2020 13:20

Avation Secures Six-Year Lease Extension For Boeing 737-800 Aircraft

Avation Secures Six-Year Lease Extension For Boeing 737-800 Aircraft

Read more
21 Apr 2020 18:44

Avation Waits On Fate Of 11 Aircraft Leased To Virgin Australia

Avation Waits On Fate Of 11 Aircraft Leased To Virgin Australia

Read more
7 Apr 2020 12:47

UK TRADING UPDATE SUMMARY: GCP Student Living Terminates Acquisition

UK TRADING UPDATE SUMMARY: GCP Student Living Terminates Acquisition

Read more
5 Mar 2020 13:41

Avation Terminates Leases For Two Aircraft With Flybe

Avation Terminates Leases For Two Aircraft With Flybe

Read more
28 Feb 2020 14:26

Avation sees solid growth in first half

(Sharecast News) - Commercial passenger aircraft leasing company Avation reported a 15% improvement in its revenue for the first half on Friday, to a record $67.6m (?52.66m).

Read more
28 Feb 2020 11:19

Avation Interim Profit Triples On Aircraft Purchase Rights Gain

Avation Interim Profit Triples On Aircraft Purchase Rights Gain

Read more
26 Feb 2020 12:04

Avation Leases Aircraft Engine To Mexican Carrier Aeromar

Avation Leases Aircraft Engine To Mexican Carrier Aeromar

Read more
19 Feb 2020 11:12

Two Avation aircraft to fly for Scotland's Loganair

(Sharecast News) - Avation said on Wednesday that two of its existing ATR 72-600 aircraft have been subleased by Scotland-based Loganair, and would start flying in the coming weeks.

Read more
19 Feb 2020 10:54

Avation Subleases Two ATR 72-600 Aircraft To Scottish Carrier

Avation Subleases Two ATR 72-600 Aircraft To Scottish Carrier

Read more
12 Feb 2020 15:30

Avation exercises two ATR rights for US-Bangla Airlines

(Sharecast News) - Commercial aircraft leasing company Avation has converted two purchase rights from its order book into firm orders for two ATR 72-600 aircraft, it announced on Wednesday.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.