Expect further updates on efficiency gains and plump cashflows when the logistics specialist updates tomorrow (17 Jan) for the third quarter as its investment phase nears completion. The £497 million cap’s interims (24 Oct ‘13) showed profits ahead of the previous financial year in all operating divisions. Notably, Stobart Air, which runs Southend Airport, returned to profitability with profit before tax of £0.1 million compared to a loss of £0.3 million in the same period a year earlier.