Trading Statement and Notice of Results

 

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RNS Number : 8413T 
Dart Group PLC 
05 October 2010 
 

5 October 2010 
 
                          Dart Group PLC ("the Group") 
 
                    Trading Statement and Notice of Results 
 
 
Dart Group PLC, the aviation and distribution Group, reports on trading for the 
first half of the financial year ending 31 March 2011 in its principal operating 
subsidiaries, Jet2.com, the northern based leisure airline, and Fowler 
Welch-Coolchain, one of the UK's largest physical distributors of Fast Moving 
Consumer Goods (FMCG). 
 
The Group's leisure airline, despite the ash cloud, has had a satisfactory 
summer with improved yields and load factors and an encouraging first summer of 
operation at East Midlands airport.  Jet2.com has recently announced its eighth 
northern base, with the addition of Glasgow for Summer 2011.  Our ATOL protected 
holidays company, Jet2holidays.com, continues to grow strongly by meeting 
customer demand for attractively priced package holidays from local airports. 
 
Our distribution business, Fowler Welch-Coolchain, which operates over 430 
vehicles providing a high quality FMCG  distribution service, including chilled, 
fresh and prepared foods, for a range of leading UK supermarkets, retailers and 
their suppliers, is delivering leading customer service and continues to grow in 
line with the company's expectations.  Our new distribution centre at Heywood 
near Manchester is now operational and this is already enabling the business to 
attract new customers. 
 
Overall, the Group's profit before taxation for the first half of the year will 
be ahead of the same period last year, although increased losses are expected in 
the second half of the year as a result of continued growth. 
 
The Group intends to announce its interim results on 18 November 2010. 
 
 
 
For further information contact: 
+-------------------------------------+---------+---------------+ 
| Dart Group PLC                      | Tel:    | 0113 238 7444 | 
+-------------------------------------+---------+---------------+ 
|                                     |         |               | 
| Philip Meeson                       |         |               | 
| Group Chairman and Chief Executive  | Mobile: | 07785 258666  | 
|                                     |         |               | 
+-------------------------------------+---------+---------------+ 
|                                     |         |               | 
| Andrew Merrick                      |         |               | 
| Group Finance Director              | Mobile: | 07788 565358  | 
|                                     |         |               | 
+-------------------------------------+---------+---------------+ 
|                                     |         |               | 
| Andy Pedrette/ Charles Combe        |         |               | 
| Smith & Williamson Corporate        | Tel:    | 020 7131 4000 | 
| Finance Limited                     |         |               | 
+-------------------------------------+---------+---------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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