Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
​Swissport, the largest independent provider of ground and cargo handling services to the aviation industry, posted poor 1Q16 results albeit mostly due to external factors. Revenues on constant currency were resilient, up 1% on the quarter to €636m. However, EBITDA is another story.
​Swissport, the biggest independent provider of ground and cargo handling services to the aviation industry, posted decent 4Q15 results. In a structurally growing market, the ground handling division (80% of revenues) continues to outperform the industry. While the passenger indicators report an average growth of 6% for FY15, Swissport publishes an increase in turnarounds of 10% for the year and even more positively, a 13% growth only for 4Q15.
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