Live Breaking News & Updates on Group Travel Agency

Stay updated with breaking news from Group travel agency. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

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 pr ....

Australia , Dubai , Dubayy , United-arab-emirates , United-states , United-kingdom , Gatwick , Surrey , London , City-of , Germany , New-zealand