24-Mar-2011 2:55 PM
gategroup shares continue to climb
Analysis
Shares in gategroup gained 3.6% in trading on Wednesday. Shares in the airline catering company have gained more than 10% over the past three days of trading, following its annual results announcement where it reported a net profit of CHF50.7 million, up 35.6% year-on-year.
Summary
- Shares in gategroup have gained 10% over the past three days following its annual results announcement.
- gategroup reported a net profit of CHF50.7 million, a 35.6% increase compared to the previous year.
- Dufry, another company in the catering, duty free, and airport retail sector, gained 2.3% in share price.
- Dufry is scheduled to report its full-year results on 24-Mar-2011.
- The share price movements mentioned are from 23-Mar-2011.
- gategroup's shares gained 3.6% in trading on Wednesday.
In other catering, duty free and airport retail shares, Dufry gained 2.3%. The company is due to report its full-year results on 24-Mar-2011.
Selected Duty Free daily share price movements (% change): 23-Mar-2011
