Dart Group PLC Trading Statement (2679E)
April 08 2014 - 2:00AM
UK Regulatory
TIDMDTG
RNS Number : 2679E
Dart Group PLC
08 April 2014
8 April 2014
Dart Group PLC ("the Group")
Trading Statement 8 April 2014
Dart Group PLC, the Leisure Airline, Package Holidays, and
Distribution & Logistics Group, is pleased to give the
following update on trading.
The Group believes that pre-tax profitability for the year ended
31 March 2014 will be in line with current market expectations.
Cash flow generation from operations remains healthy, and during
the period the Group has continued to invest for future growth.
Looking forward to the year ending March 2015, overall forward
booking levels for Jet2.com, the Group's Leisure Airline, are
encouraging, with over 50% of summer 14 already sold. This is
supported by the successful expansion of Jet2holidays and its sales
of great value package holidays. Fowler Welch, one of the UK's
leading distribution and logistics providers, remains well placed
for profitable growth in the year ahead.
The Group intends to further develop and grow its businesses and
expects continued profit growth for the year ending 31 March
2015.
For further information contact:
Dart Group PLC Tel: 0113 238 7444
Philip Meeson, Group Chairman and Chief
Executive
Gary Brown, Group Chief Financial Officer
Smith & Williamson Corporate Finance Tel: 020 7131 4000
Limited
Nominated Adviser
Andy Pedrette / David Jones
Canaccord Genuity - Joint Broker Tel: 020 7523 8000
Peter Stewart / Mark Whitmore
Arden Partners - Joint Broker Tel: 020 7614 5900
Christopher Hardie
Buchanan - Financial PR Tel: 020 7466 5000
Richard Oldworth
This information is provided by RNS
The company news service from the London Stock Exchange
END
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