/Images/dartgroup-report-2016.jpg "Report and Accounts 2016 (large)")
Chairman's Statement
I am pleased to report the Group’s strong trading for the year ended 31 March 2016. Operating profit increased by 109% to £105.0m (2015 Underlying: £50.2m) and profit before tax by 82% to £104.2m (2015 Underlying: £57.2m). Growth in basic earnings per share was 90% to 60.22p (2015 Underlying: 31.72p).
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Business & Financial Review
The Group’s financial performance for the year to 31 March 2016 is reported in line with International Financial Reporting Standards (“IFRS”), as adopted by the EU, which were effective at 31 March 2016.
A strong summer season for the Leisure Travel business was followed by a better than expected winter, as customer demand for our flight-only and package holidays remained buoyant. Net ticket yields and average package holiday prices showed healthy increases, resulting in the business increasing its revenue by 12% to £1,405.4m (2015: £1,253.2m). read more
Financial Statements
Including the Consolidated Group Income Statement, Consolidated Group Balance Sheet, and Consolidated Group Cash Flow Statement
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