AVATION PLC ('AVATION' OR THE 'COMPANY') WINS P...
The Board of Avation, a commercial jet aircraft lessor is delighted
to announce that it won best international company at last night's
PLUS Investor awards.
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This award reflects continued growth at Avation and its solid
performance on PLUS Markets over the past year. Avation's net profits
rose to £6,622,291 in the last reported 6 month period to December
31st 2007.
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Commenting on this award, Avation Chairman, Jeff Chatfield said:
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"We are delighted to have won this award for best international
company on PLUS. We demonstrated at our interim results earlier in
the year that Avation has made great progress in its aircraft leasing
business leading to significant uplift in turnover and profits. We
have commenced paying dividends and the Company has commenced a share
buyback program so as to ensure an increase in shareholder value."
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The directors take responsibility for the contents of this
announcement.
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---ENDS---
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ENQUIRES:
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AVATION PLC 07783 942 553
Jeff Chatfield, Chairman Â
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STOCKBROKERS Â 020 7220 1670
WH Ireland Ltd
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Cornhill Asset Management Ltd       020 7743 6000
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ADVISOR 020 7628 1128
Frank Lucas Â
Loeb Aron & Company Ltd. Â
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