Really nice upgrade to guidance from PTB today. It's interesting little aircraft maintenance company - specialising in a particular type of engine - that has had to pivot its business throughout its listed life but has done so successfully. It's not a typical company I'd look at given you'd think of this as being very cyclical, in a competitive industry etc. but in fact they've built a business model that has some protection from cyclicality and operate in a niche that enables them to build something of a moat. It's a credit to management that its an aircraft company really accelerated profit through COVID and based on today's update that looks like continuing.

[I hold a modest parcel IRL only - wish I'd bought more]