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Dart Group PLC DTG Trading Statement and Notice of Results

  Dart Group PLC (DTG) - Trading Statement and Notice of Results

RNS Number : 3728P
Dart Group PLC
24 October 2012




24 October 2012



                         Dart Group PLC ("the Group")

                                      

                   Trading Statement and Notice of Results



Dart Group  PLC, the  Leisure Airline,  Package Holidays,  and Distribution  & 
Logistics Group,  updates the  market on  trading for  the first  half of  the 
financial year ending 31 March 2013  in Jet2.com, the North's leading  leisure 
airline, Jet2holidays, the ATOL protected package holiday operator, and Fowler
Welch, one of the UK's leading logistics providers.

Jet2.com has had a strong summer  due to volumes underpinned by the  continued 
successful growth of Jet2holidays and helped by the particularly poor  British 
summer weather. Jet2.com flew 3.6m passengers in the six months to  September 
2012, an increase of  14% over the  same period last  year, with increases  in 
both yields and load factors.

Jet2holidays, our ATOL protected holiday operation, has also had a  successful 
summer, having taken 312,000 passengers on holiday during the first six months
of the  year,  an increase  of  97% over  the  same period  last  year  (2011: 
158,000).  This  significant  growth   has  been  achieved  through   further 
improvements to the Jet2holidays product range, and development of its  online 
and high street distribution channels.

Our distribution business, Fowler Welch, which specialises in the distribution
of temperature-controlled  and ambient  products to  retailers, importers  and 
manufacturers throughout the United Kingdom, has continued to deliver  leading 
customer service. The  business is  trading in  line with  expectations in  a 
sector that continues to experience tight margins.

As previously noted, our leisure  travel operations are becoming  increasingly 
seasonal as  we continue  to grow  the business.  This, coupled  with  strong 
summer trading, will  result in  the Group's  profit before  taxation for  the 
first half of the year  being ahead of the same  period in the previous  year, 
with increased losses expected in the second half.

Notwithstanding the  current economic  climate, the  Board expects  to  exceed 
current market expectations for the year ending 31 March 2013.

The Group intends to announce its interim results on 22 November 2012.





Enquiries:



Dart Group PLC                               Tel:    0113 238 7444
Philip Meeson                                Mobile: 07785 258666

Group Chairman and Chief Executive
Andrew Merrick                               Mobile: 07788 565358

Group Finance Director
Andy Pedrette / Siobhan Sergeant             Tel:    020 7131 4000

Smith & Williamson Corporate Finance Limited





ENDS



                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


MSCFEDFWDFESELS -0- Oct/24/2012 06:00 GMT