Originally Posted by
rowly6339
The fact that Stobart are looking to sell the energy side of the business (the only part of the group that makes a profit) and concentrate solely on aviation shows that they either know something that other airport operators don’t or are naive in there predictions for the future of the aviation industry.
Further selling of the group’s property portfolio and the sale of the energy business will provide cash to maybe last a couple of years at best but if things don’t go as they believe they will then it could all come to an expensive end.
New name and branding to commence in the new year 2021 for the group as a whole (at a cost again)
Suggests a fattening of the balance sheet before an airport sale!
Last edited by SKOJB; 9th Aug 2020 at 22:02.