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: 0113 239 7817

Smith & Williamson Corporate Finance Limited

Nominated Adviser

David Jones / Katy Birkin

Tel: 020 7131 4000

Canaccord Genuity - Joint Broker

Bruce Garrow / Ben Griffiths

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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