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Full interview: Stobart Group Limited sees bright future ahead by taking steps to safeguard businesses

Stobart Group Limited (LON:STOB) CFO Lewis Girdwood tells Proactive to group is taking steps to safeguard its business during the coronavirus pandemic.

Girdwod says significant medium and long-term opportunities remain to increase the value of its assets, while it has taken steps to preserve liquiidity by furloughing around 50% of its staff, a 20% pay reduction for its board and senior leadership, alongside a 10% pay decrease for all other non-furloughed management.

Quick facts: Esken Ltd

Price: 33.95 GBX

LSE:ESKN
Market: LSE
Market Cap: £212.16 m
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Esken is the brand new name for Stobart Group, meaning 'ascend, climb and rise'

Esken Limited's (LON:ESKN) Warwick Brady introduces their new branded company after selling part of their portfolio to Eddie Stobart Logistics for £10m. The company is still the owner of London’s Southend Airport, Dublin-based air franchise operator Stobart Air and aircraft leasing business...

3 weeks, 2 days ago

2 min read