AGM Statement
September 09 2009 - 7:18AM
UK Regulatory
TIDMDTG
RNS Number : 7773Y
Dart Group PLC
09 September 2009
Dart Group PLC ("the Company")
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, Chairman and Chief Executive, said
"The Board is encouraged by the Group's trading performance in difficult trading
conditions. Fowler Welch-Coolchain, our Distribution business, has been trading
ahead of last year with both revenue growth and sustained operating margins. We
are also pleased to confirm the acquisition of Bawdsey Haulage Ltd, a
distributor of container traffic from the Port of Felixstowe, which enhances
Fowler Welch-Coolchain's offering as a comprehensive logistics provider, with
its ability to deliver a producer/port of entry to customer service capability.
In Aviation, whilst scheduled load factors have continued to be in line with
last year, trading performance has been impacted by lower yields in the current
market environment coupled with increased costs from a weaker pound. Jet2.com
continues to expand its leisure focused flying activity, with the creation of a
new base at East Midlands and the expansion of its Manchester and Newcastle
operations.
Overall, we continue to trade in line with market expectations."
For further information please contact:
+----------------------------------------+-------------------------------+
| Philip Meeson | Tel no. 0113 238 7444 |
| Chairman and Chief Executive | Mobile no. 07785 258666 |
+----------------------------------------+-------------------------------+
| | |
+----------------------------------------+-------------------------------+
| Andrew Merrick | Tel no. 0113 238 |
| Group Finance Director | 7444 |
| | Mobile no. 07788 565358 |
+----------------------------------------+-------------------------------+
| | |
+----------------------------------------+-------------------------------+
| Andy Pedrette/Siobhan Sergeant | Tel no. 020 7131 4000 |
| Smith & Williamson Corporate Finance | |
| Limited | |
+----------------------------------------+-------------------------------+
9 September 2009
This information is provided by RNS
The company news service from the London Stock Exchange
END
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