REG - Dart Group PLC - Annual General Meeting Statement
RNS Number : 9004ZDart Group PLC06 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
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDAGMUGUWABUPRGCA
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