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Stobart Group PLC reports ' strong strategic and operational first-half performance'

Stobart Group (LON:STOB) CEO Warwick Brady and CFO Lewis Girdwood highlight what they believe to be the 'significant growth potential' within its aviation division and in particular at London Southend airport.

Passenger numbers at the airport increased by 41.8% to 1.2 million in the six months to August 2019, with circa 2.3 million passengers expected for the year to February 2020.

Quick facts: Stobart Group Ltd

Price: 116 GBX

LSE:STOB
Market: LSE
Market Cap: £433.32 m
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Stobart Group highlights growth opportunities at its Southend Airport

"London Southend Airport continues to attract new airlines and is on course to deliver our target of five million annual passengers at £8mln EBITDA by February 2023'', says Stobart Group (LON:STOB) CEO Warwick Brady. Flybe/Virgin Connect has recently announced that it's to open a new base at...

on 14/11/19

2 min read