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Welcome to Gama Aviation

May 14 2021

Last update: March 2021

Half year results for the six months to 30th June 2020

Financial highlights (2019 on a pre IFRS 16 basis, comparatives restated)

  • Adjusted Revenue $93.7m (H1 2019: $121.8m), down 23%, at constant currency down 22%.
  • Adjusted Gross Profit $16.7m (H1 2019: $23.1m), down 28%, at constant currency down 27%
  • Adjusted Gross Profit Margin 17.8% (H1 2019: 19.0%), down 1.2ppts, at constant currency down 1.2ppts
  • Adjusted EBIT loss of $2.2m (H1 2019: profit of $5.2m), down 141%, at constant currency down 142%
  • Adjusting items of $0.2m profit (H1 2019: loss of $4.2m), up 105% largely due to disposal accounting of the US Air Associate partially offset by impairments and net of taxation
  • Net Debt, inclusive of obligations under leases, decreased to $87.9m from $98.0m at 31 December 2019

“Despite the challenges and focus on the pandemic and its impact, we have continued to drive our business forward with pleasing and long term contract wins in the special mission division and sizeable maintenance inputs into our Bournemouth maintenance facility.”

Marwan Khalek, CEO

Full year results 2019
2019 results

Investor presentations & reports

Half year results 2019
2019 results

2018 results

Half year results 2018

Annual Report 18

Download Ancils 18
2017 results

Half year results 2017

Annual Report 17

Download Ancils
2016 results

Half year results 2016

Download full report

Download Ancils
2015 results

Half year results 2015

Download full report

Download Ancils


Hangar 8 Plc: Half Yearly Report Jun’ 2014:Click here

Hangar 8 Plc: Admission Document Dec’ 2014:Click here

Gama Holding FZC: 2013 Final Results:Click here


Gama Holding FZC: 2012 Final Results:Click here


Gama Holding FZC: 2011 Final Results:Click here