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RNS Number : 9004Z

Dart Group PLC

06 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                                 Tel: 0113 239 7817 
  Philip Meeson, Executive Chairman 
  Gary Brown, Group Chief Financial Officer 
 Smith & Williamson Corporate Finance Limited   Tel: 020 7131 4000 
  Nominated Adviser 
  David Jones / Katy Birkin 
 Canaccord Genuity - Joint Broker               Tel: 020 7523 8000 
  Bruce Garrow / Ben Griffiths 
 Arden Partners - Joint Broker                  Tel: 020 7614 5900 
  Christopher Hardie 
 Buchanan - Financial PR                        Tel: 020 7466 5000 
  Richard Oldworth

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.

END

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September 06, 2018 02:00 ET (06:00 GMT)

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