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Investegate |Air Partner PLC Announcements | Air Partner PLC: Full year results for year ended 31 January 2021

Underlying results are stated before exceptional and other items (see note 5)   · Gross profit up £10.7m (31.3%) to £44.9m due to exceptional trading in Group Charter and Freight · Overall, the US contributed 39.6% to total Group gross profit · Underlying profit before tax of £11.6m, up £7.4m year on year (176.2%), driven by strong trading and cost saving measures · Statutory profit before tax of £8.4m · Basic EPS of 9.4p · Net cash (excluding JetCard cash) of £9.9m, from net debt of £6.9m at 31 January 2020 · Liquidity headroom of £24.4m, comprised of net cash (excluding JetCard cash), an undrawn RCF facility of £13.0m and £1.5m overdraft · Recommended final dividend of 1.6p per share (2020: 0.0p), making total of 2.4p per share for the whole year, up 33.3% on prior year (1.8p) 

Cisco launches Cisco Plus as-a-service portfolio

During the company’s first virtual global Cisco Live! conference, Todd Nightingale, senior vice-president and general manager, enterprise networking and cloud, described Cisco Plus as a set of “flexible solutions as a service” that partners can quickly take advantage of. “Cisco Plus is not just hardware as a service or software as a service. Cisco Plus is focused on outcomes and experiences,” he said. “It’s brought to you by Cisco and built from and backed by the technology teams and the promise of Cisco. Cisco Plus is cloud-native to provide seamless, agile service delivery, and it comes with a new observability experience that can help our users understand what’s really happening in their infrastructure. Cisco Plus delivers a partner program designed not just to enable but to empower and accelerate the transformation to the cloud.”

Cisco takes first steps towards network-as-a-service

Cisco takes first steps towards network-as-a-service
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