Annual Reports and Related Documents::

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
Annual Reports and Related Documents
Date &Time of Broadcast
08-Sep-2016 14:16:36
Status
New
Report Type
Interim Report
Announcement Reference
SG160908OTHRKJT9
Submitted By (Co./ Ind. Name)
AVATION PLC / DUNCAN SCOTT
Designation
GENERAL COUNSEL
Effective Date and Time of the event
08/09/2016 17:00:00
Description (Please provide a detailed description of the event in the box below - Refer to the Online help for the format)
PRELIMINARY FINANCIAL RESULTS AND INTERIM MANAGEMENT STATEMENT FOR THE YEAR ENDED 30 JUNE 2016

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, today announces its preliminary unaudited financial results for the year ending 30 June 2016 (the 'Financial Year'), dividend details and AGM schedule.

Overview:

- In Avation's tenth year as a public company, it has reported record revenue and profit
- Lease revenue increased by 25.0% to $71.2 million (2015: $56.9 million)
- Operating profit grew 35.6% to $45.6 million (2015: $33.6 million)
- Total profit after tax increased 37.6% to $18.3 million (2015: $13.3 million)
- Operating cash flows increased 20.9% to $52.5 million (2015: $43.5 million)
- Earnings per share ('EPS') increased 42.5% to 34.2 cents (2015: 24.0 cents)
- Interim dividend per share to increase by 8.3% to 3.25 US cents (2015: 3.00 US cents)

Additional Details

Period Ended
30/06/2016

Attachments

AVAP_RNS_FY2016 Results_8Sep16_FINAL.pdf
Total size =103K