Dart Group PLC AGM Statement (8365Q)
September 04 2014 - 4:53AM
UK Regulatory
TIDMDTG
RNS Number : 8365Q
Dart Group PLC
04 September 2014
4 September 2014
Dart Group PLC ("the Group")
AGM Statement
Dart Group PLC is pleased to announce that all of the ordinary
and special resolutions proposed at today's Annual General Meeting
were approved.
Commenting on current trading, Philip Meeson, Group Chairman and
Chief Executive, said:
"In the Preliminary Results Statement of 26 June 2014, I stated
that in the early summer months we had found demand for leisure
travel to the markets we serve less buoyant than we would have
hoped and market pricing weak. I am now pleased to say, however,
that more recently we have seen some uplift in the market which has
been encouraging, although it is still too early to judge whether
this will have a sustainable effect on ticket yields.
In terms of winter 14/15 Leisure Travel bookings, early
indications are satisfactory.
Fowler Welch, our Distribution & Logistics business,
continues to focus on growing its revenue pipeline and delivering
operational efficiency improvements.
Overall, the Board remains optimistic in relation to meeting
current market expectations for operating profit for the financial
year ending 31 March 2015 and will provide a further update in
mid-October following the half year end."
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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