Half yearly results in
6 month results to 31 August 2015 are in. Highlights are:
Profit down 71% compared to same period last year.
Pax numbers 20% down compared to same period last year.
Revenue down slightly on same period last year.
Airport properties still valued at £160m. Stated EBITDA profit of £366,000 for the 6 months translates into a 219 year payback on investment....
Seems odd for the directors report to be calling the Aviation division "high growth" when everything currently is "high reduction".