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Investegate |Air Partner PLC Announcements | Air Partner PLC: Full year results for year ended 31 January 2021

Underlying results are stated before exceptional and other items (see note 5)   · Gross profit up £10.7m (31.3%) to £44.9m due to exceptional trading in Group Charter and Freight · Overall, the US contributed 39.6% to total Group gross profit · Underlying profit before tax of £11.6m, up £7.4m year on year (176.2%), driven by strong trading and cost saving measures · Statutory profit before tax of £8.4m · Basic EPS of 9.4p · Net cash (excluding JetCard cash) of £9.9m, from net debt of £6.9m at 31 January 2020 · Liquidity headroom of £24.4m, comprised of net cash (excluding JetCard cash), an undrawn RCF facility of £13.0m and £1.5m overdraft · Recommended final dividend of 1.6p per share (2020: 0.0p), making total of 2.4p per share for the whole year, up 33.3% on prior year (1.8p) 

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