Hanger8 flies on positive update

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.

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).

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