Gama Aviation Plc Reports 22.5% Rise In Revenue For H1 FY19

  • Sep 23, 2019 BST
  • Team Kalkine
  • Gama Aviation Plc (GMAA) has reported interim results for six months to 30 June 2019.
  • The company’s revenues were up by 22.5 per cent to $121.8 million as compared to $99.4 million in H1 2018.
  • Gross Profit of the company (Pre-IFRS 16) stood at $23.5 million, up 19.9 per cent as compared to $19.6 million in H1 2018.
  • The adjusted EBIT (Pre-IFRS 16) declined by 12.7 per cent to $4.1 million from $4.7 million of H1 2018.
  • On 23rd September 2019, at the time of writing, GMT 12:11 PM, GMAA shares were trading at GBX 76.00, up by 1.00 points or 1.33 per cent against the previous day closing price.

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