Gama Aviation's trading in line with full-year expectations

By

Sharecast News | 25 May, 2017

Shares in Gama Aviation taxied almost 3% higher after it confirmed trading remains in line with its expectations for the full year.

This, it said, reflected both the contributions from acquisitions and organic growth.

Chief executive Marwan Khalek said Gama continued to build on the significant progress made last year.

"Our management team has been strengthened with the recent key and high quality appointments across many of our divisions," he said.

"We are focused on building on the improvements in operating margins, working capital and cash conversion that we delivered in 2016 and the Group remains well positioned to deliver on its strategic objectives."

At 10:12 BST, shares in AIM-listed Gama were up 2.86% to 216p each.

Last news