Annual General Meeting Statement

RNS Number : 9004Z

Dart Group PLC

06 September 2018

 

6 September 2018

Dart Group PLC ("the Company")

Annual General Meeting Statement

At the Company's Annual General Meeting later today, Philip Meeson, Executive Chairman, will make the following statement:

"The positive start to the financial year as reported in our Preliminary Results Statement of 12 July 2018 has continued, with Leisure Travel bookings growing slightly ahead of our 25% summer 2018 seat capacity increase and winter bookings satisfactory at this stage.  Demand for both our flight-only offering and our higher margin package holiday product remains strong and package holiday customer numbers as a proportion of total departing customers have increased slightly for summer 2018.

Progress continues to be made at Fowler Welch, our Distribution & Logistics business, which is currently trading in line with management's expectations.

Overall the Board expects the Group to meet the recently upgraded market expectations of profit before foreign exchange revaluations and taxation for the year ending 31 March 2019 and will provide a further trading update on publication of its interim results on 15 November 2018."

For further information please contact:

Dart Group PLC Philip Meeson, Executive Chairman Gary Brown, Group Chief Financial Officer	Tel: [phone]
Smith & Williamson Corporate Finance Limited Nominated Adviser David Jones / Katy Birkin	Tel: [phone]
Canaccord Genuity - Joint Broker Bruce Garrow / Ben Griffiths	Tel: [phone]
Arden Partners - Joint Broker Christopher Hardie	Tel: [phone]
Buchanan - Financial PR Richard Oldworth	Tel: [phone]

 

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