september results25 Aug 2020 17:13
Can anyone clarify if this business is still expected to declare a profit (albeit significantly reduced) in their September results? I've been going through the various trading updates / results today and it appears to me that they would still be likely to turn a profit, despite the significantly reduced passenger numbers over the past 6 months.
On that basis, the short term future of the business is secure and this looks like a strong recovery buy to me at the current price. In fact, it's better than that, because if and when a recovery does take place, this business appears to have good growth prospects going forward, where it can potentially expand further internationally and work to increase its share of the UK market.