Trading Update Statement

RNS Number : 7326C

Dart Group PLC

19 April 2013

 



Dart Group PLC ("the Group")

Trading Update

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 2013 will be ahead of current market expectations as a result of lower than anticipated Winter losses.

Looking forward to the year ending 31 March 2014, overall forward booking levels for Jet2.com, the Group's Leisure Airline, remain in line with its 13% increase in capacity for Summer 2013.  Jet2.com continues to be supported by the successful expansion of Jet2holidays and its sales of great value package holidays.  Trading volumes are developing satisfactorily at Fowler Welch, one of the UK's leading distribution and logistics providers, and the business remains well placed for profitable growth.

The Group continues to develop and build its businesses, and we are cautiously optimistic about our ability to increase profits in the current financial year, notwithstanding the continuing tough economic environment.

19 April 2013

For further information, please contact:

Philip Meeson	Mobile: [phone]
Group Chairman and Chief Executive
Andy Pedrette / Siobhan Sergeant	Tel: [phone]
Smith & Williamson Corporate Finance Limited

 

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