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IN BRIEF: Stobart Trading In Line, Confident In Balance Sheet

Thu, 30th Jul 2020 14:33

Stobart Group Ltd - owner of Southend Airport - Says trading in line with management expectations. London Southend Airport has reopened to passengers and Stobart Energy has benefited from a restart in construction work across the country. "Having carefully stress tested the group's liquidity position under a variety of operating scenarios at the time of our successful capital raise in June, the board remains confident in the group's balance sheet, liquidity position and outlook," said Chair David Shearer.

Current stock price: 25.40 pence

Year-to-date change: down 75%

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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