Gama Aviation half year results 2018
“The first half of the year has been a busy period with the equity placing and refinancing completed, and progress across our operations. We continue to scale up across all geographies and service lines and develop our pipeline of value enhancing acquisitions. We remain confident in delivering our future growth plans and strategic objectives.”
Marwan Khalek, CEO.
Financial highlights
- Revenue $104.6m (2017: $108.1m)
- Gross profit $22.1m (2017: $22.7m)
- Gross profit margin of 21.1% (2017: 21.0%)
- EBITDA $8.1m (2017: $8.4m)
- Underlying total operating profit $7.1m (2017: $8.1m)
- Net cash $21.1m compared to net debt at 31 December 2017 $13.0m (net debt 30 June 2017: $14.3m)
- Group’s expectations for the full year remain unchanged
2018 interim results
2014
Hangar 8 Plc: Half Yearly Report Jun’ 2014:Click here
2013
Gama Holding FZC: 2013 Final Results:Click here
2012
Gama Holding FZC: 2012 Final Results:Click here
2011
Gama Holding FZC: 2011 Final Results:Click here