Top line results to 30 June 2017

Total Group revenue*

$291m up 45%

Underlying Total Operating Profit:

$7.7m up 31%

Underlying PBT:

$7.0m up 40%

Underlying EPS:

12.2 cents up 25%



* Includes 100% of the revenue of Gama Aviation’s associate in the US and its joint venture in Hong Kong.
 

H1 2017. Message from the CEO

 
 

A good performance in line with our expectations.

“The first half of 2017 has seen the Group maintain the positive momentum generated through last year to deliver a good performance in line with our expectations. In all divisions and all regions we achieved strong revenue growth and encouraging improved margin performance.

The integration of the BBA aircraft management business into the US Air division is progressing well and benefiting from a buoyant US market.

The 2016 acquisitions of Aviation Beauport and FlyerTech, in Europe Ground and Europe Air respectively, are performing above expectations. Gama Aviation is well positioned to continue to benefit from the opportunities that this highly fragmented market presents.

Based on our performance to date and contract visibility, the Board is confident that the Group will meet its full year expectations.”

Marwan Khalek, Group Chief Executive Officer.

Results presentation

Click here to view our H1 2017 presentation

*Total Group revenue includes 100% of the results of Gama Aviation's associate in the US and of its joint venture in Hong Kong.

Notifications & RNS



AIM rule 26 disclosure
Gama Aviation Plc is incorporated in the UK and is subject to the UK City Code on Takeovers and Mergers. There are no restrictions on the transfer of its AIM securities. Shares in Gama Aviation plc are not traded on any exchanges or trading platforms other than the AIM market. The information contained within this section of the website has been disclosed for the purposes of AIM Rule 26.

Share performance

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For further information:

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Jefferies International
+44 (0) 207 029 8000
Simon Hardy or Harry Nicholas

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+44 (0) 203757 4992 Ginny Pulbrook or Geoffrey Pelham-Lane

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