Trading Statement

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 Philip Meeson, Group Chairman and Chief Executive	Tel:              0113 238 7444
Gary Brown, Group Chief Financial Officer
Smith & Williamson Corporate Finance Limited Nominated Adviser Andy Pedrette / David Jones	Tel:              020 7131 4000
Canaccord Genuity - Joint Broker Peter Stewart / Mark Whitmore	Tel:              020 7523 8000
Arden Partners - Joint Broker Christopher Hardie	Tel:              020 7614 5900
Buchanan - Financial PR Richard Oldworth	Tel:              020 7466 5000

 

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