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Company Announcements

AGM Statement 04 September 2014

04th September 2014

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

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

This information is provided by RNS
The company news service from the London Stock Exchange



Written by Chris

Posted in

September 04, 2014 at 00:00

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