Notice of Results

RNS Number : 5902B

Stobart Group Limited

08 October 2015

 

8 October 2015

Stobart Group Limited

NOTICE OF INTERIM RESULTS

Stobart Group Limited, the support services and infrastructure group, will announce its Interim Results for the six months ended 31 August 2015, on Thursday 22 October 2015.

Enquiries:

Stobart Group	c/o Redleaf Communications
Andrew Tinkler, Group Chief Executive Officer Ben Whawell,  Group Chief Financial Officer
Redleaf PR	[phone]
Charlie Geller Joanne Brown	[e-mail]
influence Associates	[phone]
Stuart Dyble James Andrew

Notes to Editors

·        Focus on Energy and Aviation: Stobart Group is a support services and infrastructure business deriving income from energy, aviation, civil engineering and investments.  Its strategy is to drive growth and profitability in energy and aviation.

·        Growing volumes: Stobart sources, processes and delivers fuel to power plants for third parties under long-term contracts. Revenue growth comes from the ongoing increase in tonnages supplied, which exceeded 1,170,000 tonnes in the year to February 2015.

·        Growing passenger numbers: Capital expenditure to develop London Southend Airport is largely complete with the extension of the terminal increasing capacity from one to five million passengers. Growing passenger numbers from a broadly fixed cost base will drive profitability.

·        Realising value: Stobart will continue to maximise value from its property Investments to support maintained dividends.

 

END

 

 

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