AIR PARTNER – 327.125p

31 December 2013 – Pre-close trading update

Air Partner, the provider of air charter services released a trading statement for the six months to 31 January, which was inline with expectations. Although the economic environment continues to hold back sales, reduced costs and improved margins negated this effect. Airpartner continues to see growth in areas such as the US market and Oil and Gas. With over £10m of cashon the balance sheet, which is quite considerable compared to the size of the company, the shares still offer good value. BUY

cityconfidential © 2018 | T&Cs | Privacy | Wealth Warning