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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Alpha Airports | LSE:AAP | London | Ordinary Share | GB0000281328 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 109.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:6675L Alpha Airports Group PLC 29 May 2003 29 May 2003 ALPHA AIRPORTS GROUP PLC AGM TRADING UPDATE At the Annual General Meeting of Alpha Airports Group Plc to be held today, the Chairman, Graham Frost, will make the following comments regarding current trading: "In the traditionally quiet first quarter for aviation activity, and despite the Iraq war, Group sales are 2% ahead compared to the same period last year, mainly driven by a strong performance in our Retail business where sales are up 10% year on year. As expected, given the difficult market environment, Flight Services divisional sales are down 5%. In UK Retail, passenger numbers through the regional airports, where ALPHA is focused, continue to grow by 6% year on year. The phasing in of the new ALPHA Airport Shopping "pink" branding is giving a clear message that "Everyone Can Buy", with passenger penetration levels into the new "pink" shops increased by nearly 10% on this time last year. Combined with the underlying growth in passengers through UK regional airports, this has helped to generate a 13% growth in UK Retail sales. Outlook The second quarter has started quietly. Scheduled flight activity is slowly recovering post the Iraq war. The UK charter airline sector is now anticipating reasonable Summer bookings but the signs are that the May/June build-up to peak Summer activity will be weaker than last year. Assuming an ongoing recovery in scheduled and charter activity levels, we expect a trading performance for the full year in line with the Board's expectations." Enquiries: ALPHA Airports Group Plc Kevin Abbott, Chief Executive 020 8580 3200 Heather McRae, Finance Director Gavin Anderson & Company Laura Hickman 020 7554 1400 Amelia Hine Website: www.alpha-group.com This information is provided by RNS The company news service from the London Stock Exchange END AGMSEFSUUSDSELI
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