Jet2holidays Fowler Welch Fowler Welch Fowler Welch Jet2holidays

Company Announcements

Dart Group PLC ('the Group') Trading Update

19th April 2013

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, the Group's Leisure Airline, remain in line with its 13% increase in capacity for Summer 2013. 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: 07785 258 666
Group Chairman and Chief Executive

Andy Pedrette / Siobhan Sergeant Tel: 020 7131 4000
Smith & Williamson Corporate Finance Limited

Written by Will

Posted in

April 19, 2013 at 08:24

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