Dart Group (DTG), up 10.16% to 486.63p, said the good start made to the financial year has continued with strong summer trading in its Leisure Travel business.
DTG Well Ahead Of Expectations.....
REG – Dart Group PLC – AGM Statement and Announcement of Aircraft Order 03-09-2015 07:00 For best results when printing this announcement, please click on the link below: http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20150903:nRSC9146Xa RNS Number : 9146X Dart Group PLC 03 September 2015 3 September 2015 Dart Group PLC ("the Company") Annual General Meeting Statement and Announcement of Aircraft Order At the Company's Annual General Meeting later today, Philip Meeson, Group Chairman and Chief Executive, will make the following statement: "The good start to the financial year has continued with strong summer 2015 trading in our Leisure Travel business. Demand for our package holiday products continues to grow and as a result the number of package holiday customers as a proportion of overall flown customer numbers has increased. The business has also achieved higher airline ticket yields and load factors than in summer 2014. This performance is against a backdrop of slightly lower seat capacity. Early indications for winter 15/16 Leisure Travel bookings are satisfactory. We are also pleased that Fowler Welch, our Distribution & Logistics business, is currently trading ahead of last year as it continues to focus on growing its revenue pipeline and delivering operational efficiency improvements. In view of the continued strong demand for our Leisure Travel package holiday and flight-only products, the Board is optimistic that Group performance for the financial year ending 31 March 2016 will materially exceed current market expectations. The Company will provide a further trading update in mid-October following the half year end. The Board is also pleased to announce that, in order to meet the future anticipated growth of its Leisure Travel business and for planned fleet replacement, the Company has entered into an agreement with Boeing to purchase 27 new Boeing 737-800NG aircraft. These aircraft will be delivered between September 2016 and April 2018. At current list prices, the total value of this transaction is approximately $2.6 billion though the Company has negotiated significant discounts from the list price. The aircraft are expected to be funded through a combination of internal resources and debt." For further information contact: Dart Group PLCPhilip Meeson, Group Chairman and Chief Executive Tel: 0113 238 7444 Gary Brown, Group Chief Financial Officer Smith & Williamson Corporate Finance LimitedNominated AdviserDavid Jones Tel: 020 7131 4000 Canaccord Genuity - Joint BrokerGuy Marks / Mark Whitmore Tel: 020 7523 8000
23 Mar '15
analysing Dart http://www.stockopedia.com/content/dart-looks-good-for-summer-travel-95113/ http://www.stockopedia.com/content/share-price-momentum-in-dtgl-dart-group-continues-95128/ The former strongly suggests DTG should do very well this summer / this year and thus I'm sticking it on the watchlist to see if I can get in after this sell-off period following the massive share price spike!
14 Mar '15
Yes I put some of my gains into that and came out a loser. However hopefully wrn may make up the qpp loss. Seems a good little company DTG. Nice nubmer of shares in issue and a strong customer base. Also a quiet bb which is a nice change.
14 Mar '15
Yes, and unexpected. Ive sat with these for a year now. Had promised myself to sell at £3 after big dip in the summer, but just sitting now with a stop loss at £3.40. may go someway to sweetening my losses on IGAS, QPP and SULA!!
13 Mar '15
Nice rise. Not invested but have been before and did me well. Well done holders.
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