Hanger8's announcement that it had 'very strong' start to the financial year and that it expects full year results to be above market expectations sent the shares soaring in early morning trade on Wednesday.
The business jet charter and management company revealed that earnings before interest, tax, depreciation and amortisation (EBITDA) for the three months ended September 30th were up 331% to £0.46m (Q1 2011: £0.11m).
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Final results for the year to June 30th 2012 will be released on November 28th.
At 12:52 the shares were up 24.38% at 176p.
CM
-
73% of savers plan to rely on partner’s pension in retirementA new survey suggests the majority of people may lack financial independence in retirement, with almost three-quarters set to rely on their partner’s pension
-
How much you need to follow the 25x retirement rule – will you have enough to be financially independent?We explain what the 25x retirement rule is and the amount you would need to be financially independent in retirement.
