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FINANCIAL BRIEF: For the six months ended 31 December 2012, Avanti Communications Group PLC revenues increased 68% to L8.6M. Net loss increased from L5.1M to L13.8M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Operating expenses increase of 44% to L9M (expense), Interest expense on borrowings and loans increase from L13K to L1.1M (expense). more »

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BROKER FORECASTS
30th Jun 2013
30th Jun 2014

Price Target: 640p (+1511% above Price) Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: n/a (£) (p) (p) (£) (p) (p)
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Broker Recommendations for Avanti Communications
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 0 0 0 2 1

Named Brokers and Analysts
Jefferies & Company, Inc. Jerry Dellis , Investec Bank (UK) Plc , Jefferies International Ltd , Natixis Eric Beaudet , Equity Development Denis Gross , Daniel Stewart Mike Jeremy , Charles Stanley Robert Corden , Cenkos Securities Jason Holden , Growth Equities & Co. Research Steven Moore , Liberum Capital ,

Avanti Communications Group plc is engaged in the provision of satellite communication services. The services are principally provided through Ka-band satellites. On August 2, 2012, the Company launched successfully its second satellite, HYLAS 2. The Company sells satellite data communications services to telecoms companies, which use them to supply enterprise, institutional and consumer users. The Company’s Satellites include HYLAS 1, HYLAS 2 and HYLAS 3. HYLAS 1 can variably re-deploy power between beams and can change the frequency at which it operates. HYLAS 2 can switch power between beam pairs. Its subsidiaries include Avanti Communications Limited, Avanti Space Limited, Avanti Space 2 Limited, Avanti Space 3 Limited, Avanti Launch Services Limited, Avanti Broadband Limited, Avanti Broadband (Ire) Limited, Avanti (NI) Limited, Avanti HYLAS 2 Limited, Avanti HYLAS 2 Launch Services Limited, Avanti Communications Infrastructure Limited and Avanti Caledonian Broadband Limited.

Directors: David Williams (CEO) , Nigel Fox (Fin. Dir.) , Matthew O'Connor (COO) , David Bestwick (Exec. Dir.) ,

No. of Employees: 132 No. of Shareholders: 2,577


Last Annual June 30th, 2012
Last Interim December 31st, 2012
Shares in Issue 111,736,849
Free Float 100.5m (90.0%)
Sector Telecoms
Industry Telecommunications Services
Index FTSE Aim All Share, FTSE Aim 100, FTSE Aim UK 50,
Exchange London Stock Exchange (AIM)
Eligible for an ISA? a SIPP?

Address , LONDON, EC2A 3AY, United Kingdom
Web http://www.avantiplc.com
Phone +44 20 77491600
Contact David John Williams (Secy.)
Registrar Neville Registrars
Auditors PricewaterhouseCoopers LLP

AVN SHARE PRICE PERFORMANCE AVN QUOTE
AVN Share Price GBp
252.13p
Day's Change
-3.0  -1.2%
Traded 1:35pm · Minimum 15 min delayed

LATEST AVN NEWS ANNOUNCEMENTS (delayed)

UPCOMING AVN EVENTS
Monday 7th October, 2013 (estimate)
Preliminary 2012 Avanti Communications Group PLC Earnings Release
Thursday 14th November, 2013 (estimate)
Avanti Communications Group PLC Annual General Meeting

Recent ↓
Tuesday 12th February, 2013
Interim 2012 Avanti Communications Group PLC Earnings Release
Thursday 15th November, 2012
Avanti Communications Group PLC Annual General Meeting
Wednesday 10th October, 2012
Preliminary 2011 Avanti Communications Group PLC Earnings Release
Wednesday 11th July, 2012
Avanti Communications Group PLC Year End Trading Update
Monday 14th May, 2012
Avanti Communications Group PLC Interim Management Statement for the four month period to 30 April 2012
Monday 6th February, 2012
Interim 2011/2012 Avanti Communications Group PLC Earnings Release
Thursday 24th November, 2011
Avanti Communications Group PLC Annual General Meeting
Monday 3rd October, 2011
Preliminary 2010/2011 AVANTI COMMUNICATIONS GROUP PLC Earnings Release
Monday 18th April, 2011
Avanti Communications Group PLC Trading Update
Monday 14th February, 2011
Interim 2010/2011 AVANTI COMMUNICATIONS GROUP PLC Earnings Release


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