Esken will seek a managed disposal of its core Aviation and Renewables businesses to unlock value for shareholders. We calculate a SOTP/break-up valuation of 24p – plenty of potential upside assuming transactions to divest operations complete. Esken has also updated on trading to its February full year-end. Customer plant outages have continued to impact Renewables and EBITDA guidance has been cut slightly to c.£19m from c.£20m. The general outlook for the aviation sector and Aviation has improv ....
