viewStobart Group Ltd

Stobart Group focused on increasing capacity at London Southend Airport

Stobart Group Ltd (LON:STOB) CEO Warwick Brady and CFO Lewis Girdwood chat Proactive London's Andrew Scott through the group's results for the year to February 2019.

Revenue gained 39% to £146.9mln and underlying earnings (EBITDA) from the two main operating divisions – aviation and energy – jumped 75% to £24.1mln

The company is focused on increasing capacity at the airport after selling its regional airline, Stobart  Air, and aircraft leasing businesses,  Propius,  to Connect Airways – the joint venture it set up with Virgin Atlantic and Cyrus Capital.

Quick facts: Stobart Group Ltd

Price: 53.49 GBX

Market: LSE
Market Cap: £200.4 m

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