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

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:

----------

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.

----------

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.

----------

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.

----------

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.

----------

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.

----------

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.

----------

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.

----------

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

----------

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
11 Nov 2021 11:03

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

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

Read more
19 Oct 2021 20:14

IN BRIEF: Avation completes sale of Airbus A220-300 aircraft

IN BRIEF: Avation completes sale of Airbus A220-300 aircraft

Read more
12 Oct 2021 14:41

Avation delivers ex-Virgin ATR to regional Australian airline

(Sharecast News) - Commercial passenger aircraft leasing company Avation has delivered an ATR 72-500 turboprop aircraft to the Australian airline Hevilift, it announced on Tuesday.

Read more
30 Sep 2021 11:21

TRADING UPDATES: Avation wings clipped by virus; Zaim swings to profit

TRADING UPDATES: Avation wings clipped by virus; Zaim swings to profit

Read more
28 Sep 2021 15:58

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
7 Sep 2021 14:59

TRADING UPDATES: Marlowe buys Santia; Gaming Realms notes new launch

TRADING UPDATES: Marlowe buys Santia; Gaming Realms notes new launch

Read more
6 Sep 2021 12:23

TRADING UPDATES: Randall & Quilter and Belluscura slip to interim loss

TRADING UPDATES: Randall & Quilter and Belluscura slip to interim loss

Read more
25 Aug 2021 11:50

IN BRIEF: Avation set to pocket gain from Airbus aircraft sale

IN BRIEF: Avation set to pocket gain from Airbus aircraft sale

Read more
19 Aug 2021 12:50

TRADING UPDATES: Resolute books hefty impairments; tinyBuild buys

TRADING UPDATES: Resolute books hefty impairments; tinyBuild buys

Read more
17 Aug 2021 14:16

DIRECTOR DEALINGS: Trident Royalties team buys, as does Kingswood CEO

DIRECTOR DEALINGS: Trident Royalties team buys, as does Kingswood CEO

Read more
16 Aug 2021 12:10

TRADING UPDATES: Clipper in John Lewis deal; Immotion's record July

TRADING UPDATES: Clipper in John Lewis deal; Immotion's record July

Read more
27 Jul 2021 20:28

TRADING UPDATES: Sabre cautiously optimistic; Restore resumes payout

TRADING UPDATES: Sabre cautiously optimistic; Restore resumes payout

Read more
22 Jun 2021 18:02

TRADING UPDATES: LPA Group wins contract; Good Energy trades in line

TRADING UPDATES: LPA Group wins contract; Good Energy trades in line

Read more
9 Jun 2021 11:47

TRADING UPDATES: Dewhurst warns of choppy sales, supply chain trouble

TRADING UPDATES: Dewhurst warns of choppy sales, supply chain trouble

Read more
14 May 2021 11:28

IN BRIEF: Avation reports sale of ATR 72-600 aircraft

IN BRIEF: Avation reports sale of ATR 72-600 aircraft

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.