General Announcement::PRELIMINARY UNAUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 30 JUNE 2017

Issuer & Securities

Issuer/ Manager
AVATION CAPITAL S.A.
Securities
AVATIONCAPUS$100M7.5%N200527A - US05351QAA40 - 29YB
AVATIONCAPUS$100M7.5%N200527R - USL5647NAA20 - 29ZB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
07-Sep-2017 15:15:12
Status
New
Announcement Sub Title
PRELIMINARY UNAUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 30 JUNE 2017
Announcement Reference
SG170907OTHRMV24
Submitted By (Co./ Ind. Name)
DUNCAN SCOTT
Designation
GENERAL COUNSEL
Effective Date and Time of the event
07/09/2017 14:22:00
Description (Please provide a detailed description of the event in the box below)
Avation PLC, the commercial passenger aircraft leasing company, announces preliminary unaudited financial results for the year ending 30 June 2017.

Overview
Lease revenue increased by 32% to $94.2 million;
Earnings before interest and tax 'EBIT or 'Operating Profit' grew 32% to $60.2 million;
Profit before taxation increased by 18% to $21.4 million;
Total profit after tax increased 16% to $21.3 million;
Operating cash flows increased 20% to $63.0 million;
Dividend per share increased by 85% to 6.00 US cents; and
Earnings per share 'EPS' increased by 6% to 36.3 US cents.

Attachments

AVAP_RNS_FY2017 Results_Sep2017_FINAL.pdf
Total size =546K