Top line results

Total Group revenue*

$432.4m.

Underlying EBITDA

$17.3m.

Underlying Total Operating Profit

$15.1m.

Underlying PBT

$13.7m.

2016 dividend up 4% to:

2.6p

 

Message from the CEO

 
 

A robust performance in 2016

“2016 has been an exceptionally busy year. We have delivered a robust financial performance, reflecting strong markets in the US and more challenging conditions in Europe.

Our merger with BBA Aviation Plc in US Air has created a powerful market leader with strong growth potential. It also offers significant cross-selling opportunities into our US Ground division. We feel very confident about the prospects for our US operations as we leverage our customer relationships across our national network.

We have successfully restructured our Europe Air business, which is now well positioned for sustainable growth. In Europe Ground we expect a return to modest growth in 2017, encouraged by some early signs of a pick-up in discretionary spend.

We have strengthened our operational management team and, together with the progress made in 2016, we are confident of delivering sustainable growth in 2017 and beyond.”

Marwan Khalek, Group Chief Executive Officer.

Results 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:

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

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

AGM notifications:

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