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15-May-2015 3:18 PM

Stobart Group underlying EBITDA down 22% in FY2015

Stobart Group revenue up 18% - financial highlights for 12 months to 28-Feb-2015:

  • Revenue: GBP116.6 million, +17.6% year-on-year;
  • Underlying EBITDA: GBP17.7 million, -21.7%;
    • Aviation: GBP1.4 million, +1300%;
  • Net profit (loss): (GBP1.2 million), compared to a profit of GBP11.3 million in p-c-p;
  • Passenger numbers: 1.1 million, +9%;
  • Revenue per passenger: GBP20.80, +8.5%. [more - original PR]

Stobart Group: "Good progress has been made in the delivery of our volume targets for the Energy and Aviation divisions. We continue to realise value from mature assets and businesses. Our focus is now on getting new airlines into London Southend Airport, finalising our supply chain for the Energy division and driving external works in the Rail division." Source: Company statement, 14-May-2015.

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