Aer Lingus to end Stobart regional deal in 2023

16th Nov 2020 09:44

(Sharecast News) - Irish airline Aer Lingus has dropped Stobart Air as its regional services operator from 2023, it was announced on Monday.

Read more

Stobart Group swings to interim loss as Covid-19 weighs on air unit

4th Nov 2020 09:10

(Sharecast News) - Aviation and energy infrastructure group Stobart said on Wednesday that freight operations at Southend Airport had helped to offset much of the disruption caused by the Covid-19 pandemic in the first half of its trading year.

Read more

Eddie Stobart drives back to profitability

12th Oct 2020 13:02

(Sharecast News) - The owner of transport company Eddie Stobart Logistics has motored back to the black.

Read more

Stobart focusing on recovery as it sells non-core assets

30th Jul 2020 10:41

(Sharecast News) - Stobart Group said on Thursday that it was trading in line with management expectations, as London Southend Airport reopened to passenger flying and Stobart Energy was benefitting from a restart in construction work across the country, leading to increased availability of waste wood.

Read more

Stobart sells 56.4% of open offer shares

25th Jun 2020 13:24

(Sharecast News) - Stobart has sold 56.4% of shares made available to shareholders in an open offer as part of its move to raise £100m.

Read more

Stobart places shares to raise £100m

5th Jun 2020 08:23

(Sharecast News) - Stobart Group said it had successfully placed shares with investors to raise £100m to strengthen the infrastructure group's balance sheet during the Covid-19 crisis.

Read more

FRC probes KPMG and PwC's Eddie Stobart audits

26th May 2020 10:08

(Sharecast News) - The UK's accounting regulator is investigating KPMG and PwC's audits of Eddie Stobart Logistics, the company that was hit by an accounting fiasco in 2019.

Read more

Stobart Group buys back ex-Flybe sibling Stobart Air

27th Apr 2020 15:26

(Sharecast News) - Stobart Group has reached agreement with EY - the administrators of Connect Airways - to acquire Stobart Air and Propius, it announced on Monday.

Read more

Stobart Group withdraws guidance 50pc of workforce on furlough

6th Apr 2020 12:51

(Sharecast News) - Stobart Group updated the market on the measures it has taken to date in response to the Covid-19 coronavirus pandemic on Monday, confirming that it had frozen all capital expenditure spend other than where it was considered critical for safety reasons.

Read more

Wednesday broker round-up

18th Mar 2020 13:42

(Sharecast News) - Polypipe: Deutsche Bank upgrades to buy with a target price of 550p.

Read more

Coronavirus puts Stobart's Southend stake sale talks on hold

17th Mar 2020 07:27

(Sharecast News) - Stobart said talks to sell a stake in its Southend airport site had been put on hold because of the coronavirus pandemic.

Read more

Stobart writes down £50m after Flybe collapse

5th Mar 2020 12:20

(Sharecast News) - Stobart Group said it would write down more than £50m of investments in the consortium that owned the collapsed airline Flybe.

Read more

Stobart trading in line as Southend passenger numbers grow

25th Sep 2019 10:45

(Sharecast News) - Southend Airport owner Stobart Group said on Wednesday that it was trading in line with market expectations, with "strong" commercial progress in its core energy and aviation divisions.

Read more

Eddie Stobart CEO steps down; shares to be suspended from AIM

23rd Aug 2019 08:02

(Sharecast News) - Transport and logistics group Eddie Stobart said on Friday that it has requested its shares be suspended from trading on AIM while it takes another look at its accounts, as it announced the departure of chief executive Alex Laffey with immediate effect.

Read more

Wizz Air to launch new routes at Stobart's Southend Airport

22nd Aug 2019 15:17

(Sharecast News) - Stobart Group has signed an agreement with low-cost airline Wizz Air, which will launch three new routes from Southend Airport.

Read more