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Dart Share News (DTG)
Share News for Dart (DTG)
| Share Price: 199.00 | Bid: 195.75 | Ask: 199.00 | Change: 0.00 (0.00%) |  | ||||||
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UK smallcap opening - Dart Group lower on FY profits warning
Fri, 29th Feb 2008 08:15
LONDON (Thomson Financial) - A full-year profits warning hit Dart Group, 3-3/4 pence lower at
The aviation and distribution group said Fowler Welch-Coolchain, its distribution business, continues to perform well but winter trading in the aviation business has not met expectations.
In the winter season, the forecast growth in passenger volumes has not been achieved and similar volumes to last year are now expected to be carried. The resultant lower yield and load factors have reduced winter revenue expectations by about 6 pct with a consequential reduction in the group's expected full-year pretax profits.
tf.TFN-Europe_newsdesk@thomson.com
fjb/ms1
COPYRIGHT
Copyright Thomson Financial News Limited 2007. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
LONDON (Thomson Financial) - A full-year profits warning hit Dart Group, 3-3/4 pence lower at
25-1/2.
The aviation and distribution group said Fowler Welch-Coolchain, its distribution business, continues to perform well but winter trading in the aviation business has not met expectations.
In the winter season, the forecast growth in passenger volumes has not been achieved and similar volumes to last year are now expected to be carried. The resultant lower yield and load factors have reduced winter revenue expectations by about 6 pct with a consequential reduction in the group's expected full-year pretax profits.
tf.TFN-Europe_newsdesk@thomson.com
fjb/ms1
COPYRIGHT
Copyright Thomson Financial News Limited 2007. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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