Proactive Investors - Run By Investors For Investors

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.

Meet Yellow Cake PLC, Avation PLC, Manolete Partners PLC and Crossword Cybersecurity Plc at our event, London , 05 September 2019. Register here »
View full STOB profile View Profile

Stobart Group Ltd Timeline

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use