28 Apr 2015 07:00
28 April 2015
Stobart Group Limited ("Stobart" or the "Group")
NOTICE OF PRELIMINARY RESULTS
Stobart Group Limited, the support services and infrastructure group, will announce its Preliminary Results for the twelve months ended 28 February 2015, on Thursday 14 May 2015.
Management will be hosting a presentation for analysts on the day of the Results Announcement at 9.15a.m. for a 9.30 a.m. start at the offices of Stifel, 150 Cheapside, London, EC2V 6ET.
Analysts who wish to attend the presentation should register their interest with Redleaf PR at stobart@redleafpr.com or 020 7382 4730.
For further information, please contact
Stobart Group +44 20 7851 9090
Andrew Tinkler, Chief Executive Officer
Ben Whawell, Chief Financial Officer
Redleaf PR +44 20 7382 4730
Emma Kane/Charlie Geller
Influence Associates +44 20 7287 9610
Stuart Dyble/James Andrew
Notes to Editors
Stobart Group is focused on energy, aviation and infrastructure.
The Group owns and operates London Southend Airport, the capital's newest airport flying to 25 destinations across Europe. In 2014 the airport was rated best UK airport in the Which? customer satisfaction survey for the second year running. There were 1.1m passengers in the year to 28 February 2015.
Stobart Group is the number one supplier of biomass in the UK. The Group sources and delivers fuel to biomass plants under long-term contracts. Stobart Group now has agreements in place to deliver its target of 2m million tonnes of fuel per annum to the UK biomass market by 2017/2018.
At its Interim Results for the six months ended 31 August 2014, the Group maintained an interim dividend of 2.0p (2013: 2.0p) per share. Stobart Group expects to maintain its dividend through the proceeds from disposals of its property investments.