11th Feb 2019 11:01
LONDON (Alliance News) - Avation PLC said Monday is continues to "perform well" and anticipates to report a rise in interim profit.
The the commercial aircraft leasing firm predicts first half pretax profit to be double the USD7.3 million reported for the same period last year. The company is guiding for an 11% year-on-year increase in first half revenue to USD58 million from USD52.4 million.
Avation is slated to release its results for the six months to 2018-end on February 21.
Shares in Avation were up 3.6% Monday at 272.98 pence each.
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