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Share Price Information for Avation (AVAP)

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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
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TRADING UPDATES: Avation loss narrows; Franchise Brands profit rises

Thu, 03rd Mar 2022 19:32

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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Avation PLC - Singapore-based commercial passenger aircraft leasing company - For the six months ended December 31, pretax loss narrows to USD15.9 million from USD60.5 million, due to a much lower impairment loss on aircraft and credit losses. Revenue drops 6% year-on-year to USD57.9 million from USD61.3 million. Avation's aircraft fleet stands at 42, however fleet assets declines 7.0% year-on-year to USD1.00 billion as at December 31 from USD1.08 billion at the end of June.

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Franchise Brands PLC - Manchester-based owner of ChipsAway, Willow Pumps and Metro Rod brands - For 2021, pretax profit rises 57% year-on-year to GBP5.8 million from GBP3.7 million the year before, on revenue which grows 17% year-on-year to GBP57.7 million from GBP49.3 million, with double digit sales from Metro Rod and Metro Plumb, as well as a strong recovery from the B2C division. Declares final dividend of 0.9 pence per share, bringing total payout to 1.5p, up 36% from 1.1p. Looking ahead, reports strong start to 2022, with continued sales growth in B2B.

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Poolbeg Pharma PLC - London-based pharmaceutical company - For the period from incorporation on March 19 to December 31, posts pretax loss of GBP2.3 million and no revenue as the company continues to develop its severe influenza treatment POLB 001.

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Crystal Amber Fund Ltd - Guernsey-based investment company - As at December 31, net asset value per share increases 11% year-on-year to 143.19 pence from 128.99p. For the six month period, delivered NAV negative return of 0.8%, compared to a 4.7% positive return from the Numis Small Cap Index.

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JPMorgan Global Growth & Income PLC - invests in companies around the world - As at December 31, net asset value per share increases 6.1% year-on-year to 459.1 pence from 432.3p, while for the six month period, NAV total return is 8.2%, compared to a 7.7% return from the MSCI AC World Index.

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t42 IoT Tracking Solutions PLC - Jersey-based provider of tracking, security and monitoring solutions for containers and freight - For 2021, operating loss widens to USD2.7 million from USD1.8 million, on revenue which declines 16% year-on-year to USD4.2 million from USD5.0 million due to supply chain issues and a performance turnaround only taking place near the end of 2021.

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Allergy Therapeutics PLC - Sussex-based biotechnology firm focused on allergy vaccines - For the six months ended December 31, pretax profit drops 54% to GBP7.3 million from GBP15.8 million a year before, due to a rise in costs and a 10% year-on-year decline in revenue to GBP48.7 million from GBP54.0 million, due to the strategic streamlining of older products. Looking ahead, company has a strong outlook for the full financial year with operating profit on track to meet consensus expectations.

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Power Metal Resources PLC - London-based metals exploration company focused in North America, Africa and Australia - For the year ended September 30, pretax loss narrows to GBP623,000 from GBP1.4 million the year before, due to smaller impairment charges, and a slight rise in revenue to GBP37,000 from GBP9,000

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By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
10 Jun 2024 09:45

IN BRIEF: Avation non-executive director sells GBP200,000 in shares

Avation PLC - London-based commercial passenger aircraft leasing - Non-Executive Director Douglas Mahoney sells 140,000 shares at average 143.25 pence, worth GBP200,550, on Friday last week. Mahoney retains 730,000 shares, a 1.0% stake.

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24 May 2024 17:05

LONDON MARKET CLOSE: FTSE 100 stumbles as rain dampens retail sales

(Alliance News) - Stock prices in London closed mixed on Friday, with the FTSE 100 finishing lower, but smaller indices ending in the green.

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24 May 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 in red as UK election heats up

(Alliance News) - Stock prices in London were mostly in the red at midday Friday, as the UK election debate heats up and retail sales come in below expectations.

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24 May 2024 10:30

Avation shares fly as expects higher profit than market expectations

(Alliance News) - Avation PLC on Friday said it expects profit to top current market expectations.

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24 May 2024 10:19

SMALL-CAP WINNERS & LOSERS: Petra Diamonds enters "milestone" PPA

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

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2 May 2024 11:10

EARNINGS AND TRADING: Smiths News ups dividend; NAHL profit rises

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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25 Apr 2024 20:57

TRADING UPDATES: Norcros sells Johnson Tiles UK; Trifast trading well

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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1 Mar 2024 13:34

EARNINGS AND TRADING: Dar Global celebrates "outstanding" year

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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15 Dec 2023 12:19

IN BRIEF: Avation completes refinancing of four aircraft

Avation PLC - Singapore-headquartered commercial passenger aircraft leasing company - Refinances four leased aircraft under a loan facility for a portfolio of aircraft provided by Investec Bank PLC. The interest rate on the loans has been fixed at drawdown and the loans mature between May 2026 and November 2027. Chair Jeff Chatfield says: "We are pleased to complete this refinancing in the ordinary course of business with a leading bank. Our view is the bank market remains constructive for routine aircraft finance transactions."

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4 Dec 2023 11:58

IN BRIEF: Avation successfully delivers Airbus A320 to Cebu Pacific

Avation PLC - Singapore-headquartered commercial passenger aircraft leasing company - Says that, further to a previous announcement in September, it has delivered an Airbus A320 aircraft to Cebu Pacific, a Philippines-based low-cost carrier. The market rate operating lease is for a four year term. Says that the aircraft was successfully transitioned from a previous operator following scheduled maintenance checks and reconfiguration.

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23 Nov 2023 13:06

Avation gets takeover approach but ends talks, says well-positioned

(Alliance News) - Avation PLC on Thursday revealed it was approached this summer about a potential takeover offer, but it has since ended the conversation, noting that it is well-placed in the current business environment as a public equity-backed aircraft lessor.

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16 Nov 2023 15:54

UK shareholder meetings calendar - next 7 days

Friday 17 November 
Future Metals NLAGM
Red Rock Resources PLCGM re allot equity securities
Rockpool Acquisitions PLCAGM
Saietta Group PLCGM re annual accounts and reappointment of auditors
US Solar Fund PLCGM re change of investment policy
Monday 20 November 
Hellenic Dynamics SAGM re share subdivision and share reclassification
McBride PLCAGM
Mountview Estates PLCGM re re-election of directors
Ondo InsurTech PLCAGM
Rainbow Rare Earths LtdAGM
Seraphim Space Investment Trust PLCAGM
Tuesday 21 November 
Berkeley Energia LtdAGM
Currys PLCGM re proposed disposal of Kotsovolos
Custodian Property Income REIT PLCGM re articles of association
Physiomics PLCAGM
Starvest PLCGM re cancellation of listing
Trainline PLCGM re capital reduction
Wednesday 22 November 
Castillo Copper LtdAGM
Celtic PLCAGM
Crystal Amber Fund LtdAGM
Genus PLCAGM
GreenX Metals LtdAGM
Leeds Group PLCAGM
Wilmington PLCAGM
Thursday 23 November 
Avation PLCAGM
Bradda Head Lithium LtdAGM
Europa Oil & Gas Holdings PLCAGM
Fiske PLCAGM
Hotel Chocolat Group PLCAGM
Pan African Resources PLCAGM
PZ Cussons PLCAGM
Rosslyn Data Technologies PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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3 Nov 2023 10:57

DIRECTOR DEALINGS: Avation exec chair sells; CAB risk chief buys

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced this week and not separately reported by Alliance News:

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30 Oct 2023 14:31

TRADING UPDATES: Solid State expects higher annual revenue

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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28 Sep 2023 11:55

EARNINGS: Dekel hails palm oil operation; Science in Sport revenue up

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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