Dart Group PLC AGM Statement (6532L)
06 September 2012 - 7:41PM
UK Regulatory
TIDMDTG
RNS Number : 6532L
Dart Group PLC
06 September 2012
6 September 2012
Dart Group PLC (The "Group")
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, Group Chairman and
Chief Executive, said:
"Summer 2012 trading in our leisure travel businesses has been
encouraging. Our Leisure Airline business, Jet2.com, has achieved
higher yields and load factors than Summer 2011, despite continued
expansion of its flying programme, although operating margins
remain under pressure. Our Package Holidays business, Jet2holidays,
continues to meet its substantial passenger growth targets. With
limited opportunity for revenue growth in the Winter months, our
leisure travel operations are becoming increasingly seasonal.
Fowler Welch, our Distribution & Logistics business,
continues its careful delivery of revenue growth in a sector
continuing to experience tight margins. The business continues to
trade in line with expectations.
The Board is mindful of the current economic climate and remains
cautious about profit growth. However, it is confident of meeting
market expectations for the current year."
For further information contact:
Dart Group PLC Tel: 0113 238 7444
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Philip Meeson
Group Chairman and Chief Executive Mobile: 07785 258666
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Andrew Merrick
Group Finance Director Mobile: 07788 565358
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Andy Pedrette / Siobhan Sergeant
Smith & Williamson Corporate Finance
Limited Tel: 020 7131 4000
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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