Trading Statement (1738E)
April 04 2011 - 1:00AM
UK Regulatory
TIDMDTG
RNS Number : 1738E
Dart Group PLC
04 April 2011
Dart Group PLC ("the Group")
Trading update
Dart Group PLC, the aviation and distribution Group, provides
the following update on current trading.
The Group believes that pre-tax profitability for the year ended
31 March 2011 will be in line with current market expectations.
Cash flow generation from operations remains strong, and during the
period the Group has continued to invest in further growth.
Looking forward to the year ending 31 March 2012, overall
forward booking levels for Jet2.com the Group's leisure airline
remain satisfactory, supported by continued growth from its
holidays operation. Business volumes are also satisfactory at
Fowler Welch-Coolchain, one of the UK's leading logistics
providers, which is beginning to attract new volumes into its new
North West distribution centre.
Notwithstanding the cancellation of North African flying, higher
fuel costs and continued consumer uncertainty, the Board currently
believes the Group will trade in line with market expectations in
the current financial year.
4 April 2011
For further information, please contact:
Andrew Merrick
Group Finance Director
07788 565358
0113 238 7444
Andy Pedrette
Smith & Williamson Corporate Finance Limited
020 7131 4368
This information is provided by RNS
The company news service from the London Stock Exchange
END
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