Half-Year Trading Update
October 04 2007 - 2:02AM
UK Regulatory
RNS Number:1140F
Dart Group PLC
04 October 2007
Trading Statement - October 2007
Dart Group PLC, the aviation and distribution group, reports on its first half
trading.
In line with internal expectations, Group turnover has been well ahead of last
year with margins at lower levels reflecting market conditions in both
businesses and Jet2.com's growth profile. Whilst half-year operating profit
will, as a result, be significantly below last year's levels, the outlook for
the full year is still expected to be approaching market expectations.
Fowler Welch-Coolchain has had a satisfactory first half and is trading broadly
in line with last year. Jet2.com has continued to build its network and customer
base with significant expansion from each of its six bases during summer 2007
resulting in reduced margins as new routes are developed. In the second half,
Jet2.com winter performance is expected to be improved from last year,
reflecting lower growth in capacity relative to the previous winter season.
4 October 2007
This information is provided by RNS
The company news service from the London Stock Exchange
END
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