The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksDTG.L Share News (DTG)

  • There is currently no data for DTG

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Dart Group 'disappointed' with Brexit vote as FY profits soar

Thu, 14th Jul 2016 16:28

(ShareCast News) - Leisure travel and logistics group Dart Group said it was "disappointed" with the UK decision to leave the European Union as it more than doubled full year pre-tax profits to £104.2m from £57.2m.Revenue was up 12% to £1.4bn reflecting strong trading in Dart's Leisure Travel business and an improved performance in distribution & logistics.Leisure Travel revenue grew 15% to £1.2bn reflecting increased yields from both flight-only and package holidays products and a 22% increase in package holiday customers, who represented 40% of total departing passengers against 33% last year, Dart said.Distribution & Logistics improved its profit before tax by £2.1m to £5.4m on reduced revenues of £144.0m (2015: £151.7m) as lower fuel costs were passed on to customers."The current financial year has started well in both our leisure travel and distribution businesses," Dart said."Although we were disappointed at the result of the recently held referendum on whether the UK should remain in the EU, we are confident that our customers will need our specialist food distribution services and will be keen to travel from our rainy islands to the sun spots of the Mediterranean, The Canaries and to European Leisure Cities."
More News
21 Nov 2019 09:38

UK BROKER RATINGS SUMMARY: UBS High On Glaxo, Deutsche Down On Aviva

UK BROKER RATINGS SUMMARY: UBS High On Glaxo, Deutsche Down On Aviva

Read more
14 Nov 2019 16:05

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
8 Nov 2019 10:58

UPDATE 2-EasyJet, Jet2.com buy Thomas Cook's UK airport slots

(Recasts with slots sold to Jet2.com)LONDON, Nov 8 (Reuters) - British budget airlines easyJet and Jet2.com have bought the take-off and landing slots of failed travel company Thomas Cook at London Gatwick and Manchester airports, respectively.Tho...

Read more
8 Nov 2019 10:06

EasyJet, Jet2 buy Thomas Cook airport slots

(Sharecast News) - Thomas Cook's slots at Gatwick and Bristol airports have been sold to EasyJet for £36m, while Jet2 has bought its slots at Manchester, Birmingham and London Stansted airports for an undisclosed sum.

Read more
18 Oct 2019 16:06

UK Dividends Calendar - Next 7 Days

UK Dividends Calendar - Next 7 Days

Read more
15 Oct 2019 12:47

Tuesday broker round-up

(Sharecast News) - Ocado: JP Morgan downgrades to underweight with a target price of 1,050p.

Read more
11 Oct 2019 11:13

Thomas Cook collapse boosts Dart Group demand

(Sharecast News) - Shares of Dart Group surged on Friday as the Jet2 owner said full-year profit is set to top current market expectations following the collapse of rival Thomas Cook.

Read more
11 Oct 2019 10:28

UK WINNERS & LOSERS SUMMARY: Publicis Sales Warning Sinks WPP

UK WINNERS & LOSERS SUMMARY: Publicis Sales Warning Sinks WPP

Read more
11 Oct 2019 09:07

UPDATE 2-UK stocks rally as Brexit deal hopes grow; mid-caps soar 2%

* FTSE 100 up 0.3%, FTSE 250 up 1.9%* Brexit deal hopes lift sterling, housebuilders, banks* Sino-U.S. talks also support wider sentiment* WPP, Burberry fall after European rivals cut forecast* Dart Group climbs higher after hiking profit view (Adds...

Read more
11 Oct 2019 09:07

UPDATE 1-FTSE falters as Brexit hopes lift pound; domestic stocks rejoice

* FTSE 100 down 0.3%, FTSE 250 up 0.8%* Brexit deal hopes lift sterling, hit exporters* Housebuilders, UK banks jump* WPP, Burberry fall after European rivals cut forecast* Dart Group climbs higher after hiking profit view (Adds news items, analyst ...

Read more
11 Oct 2019 08:36

LONDON MARKET OPEN: Housebuilders Climb Amid Brexit Deal Hopes

LONDON MARKET OPEN: Housebuilders Climb Amid Brexit Deal Hopes

Read more
11 Oct 2019 07:44

UPDATE 2-Dart Group sees demand boost after Thomas Cook collapse

* Co sees FY pretax profit ahead of expectations* Co sees stronger demand for package holiday business* Shares rise almost 13% (Adds shares, analyst comment, estimates, TUI outlook, background)By Tanishaa NadkarOct 11 (Reuters) - Dart Group, the ow...

Read more
11 Oct 2019 07:44

UPDATE 1-Thomas Cook collapse boosts demand for Dart Group's holiday business

(Adds details on outlook, Thomas Cook liquidation, expected share move, background)Oct 11 (Reuters) - Dart Group, the owner of British airline and tour operator Jet2, said it had seen stronger demand for some of its products since Thomas Cook ente...

Read more
11 Oct 2019 07:43

Dart Group Sees Increased Demand Following Thomas Cook's Collapse

Dart Group Sees Increased Demand Following Thomas Cook's Collapse

Read more
11 Oct 2019 07:39

LONDON MARKET PRE-OPEN: Jupiter And Man Group Post Quarterly Outflows

LONDON MARKET PRE-OPEN: Jupiter And Man Group Post Quarterly Outflows

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.