Dart Group sees in-line profits, further growth expected
8th Apr 2014 07:34
Airline, package holidays and distribution company Dart Group said that annual profit for the year ended March 31st will be in line with market expectations and that further growth is expected this year. Profit before tax is expected to rise to £41.5m for the year just gone, from £40.5m the previou
Read moreSummer holiday bookings boost Dart Group's first half profits
21st Nov 2013 14:02
Dart Group's shares advanced after the travel company reported a 37 per cent rise in pre-tax profit for the first half to 78.1m pounds. Group revenue jumped 35% to £787.1m in the six months through September, driven by strong growth in the Leisure Airline and Package Holiday businesses during the s
Read moreDart nosedives after warning seasonality will hit H2 profits - UPDATE
22nd Oct 2013 09:03
Shares in air travel specialist Dart Group nosedived after it said increased first half profits would be followed by expected larger losses in the second. Dart admitted airline profit margins have tightened and that its logistics business also suffered varied volumes in late summer. But the AIM 50
Read moreDart Group keeps Royal Mail contracts for six routes
6th Jun 2013 12:06
Airline, package holidays, distribution and logistics firm Dart Group said it has retained Royal Mail contracts for six out of the eight routes currently operated. Dart Group, which has been operating flights for the Royal Mail through its subsidiaries since 1980, said the current routes with the
Read moreDart Group's annual profits to beat expectations
19th Apr 2013 10:10
Airline company Dart Group said annual pre-tax profit will be ahead of market expectations, boosted by lower than anticipated winter losses. The group, which owns airline Jet2.com, saw a rise in sales for the year ended March 31st 2013, according to a trading statement Friday. Jet2.com was suppo
Read moreFriday broker round-up UPDATE
19th Apr 2013 08:47
African Barrick Gold: JP Morgan cuts target price from 290p to 200p, while leaving its underweight rating rating unchanged. Fox Davies reduces target price from 353p to 315p and maintains a hold rating. Westhouse Securities lowers target price from 195p to 180p retaining a neutral rating. Belvoir L
Read moreDart Group CFO to resign and join law firm Irwin Mitchell
12th Dec 2012 11:14
AIM-listed airline, holiday and logistics company Dart Group announced that Chief Financial Officer (CFO) Andrew Merrick is to leave the company to join Irwin Mitchell next April 2013. Merrick has been CFO at Dart Group for just under six years and the group said recruitment for a replacement would
Read moreDart ups divi as airline takes off
22nd Nov 2012 07:46
Travel and logistics firm Dart Group reported a strong rise in profits in the first half, driven by its airline Jet2.com. The company said it expects to exceed current market expectations for the year ending March 31st 2013. This comes despite the group saying its business was becoming increasingl
Read moreThursday broker round-up UPDATE
22nd Nov 2012 07:19
Alternative Networks: Westhouse Securities downgrades from buy to add, target price of 280p kept. Babcock International: UBS downgrades from buy to neutral. Barr (AG): N+1 Singer raises target price from 402p to 525p and upgrades to buy. Belvoir Lettings: Seymour Pierce raises target price from 9
Read moreDart Group soars as passengers flock to sunnier climes
24th Oct 2012 08:43
Jet2.com and Jet2Holidays owner Dart Group said it expects to exceed current market expectations for the year ending March 31st 2013 despite current economic headwinds. The group said it had a strong summer as more passengers escaped the wetter than usual British summer weather for sunnier climes.
Read moreDart Group lifts full year profit
21st Jun 2012 07:52
Jet2.com and Jet2Holidays owner Dart Group lifted full year revenue and pre-tax profit as passengers at its package holiday business more than doubled in the period. Jet2holidays is set for further growth in the current year, with forward bookings at encouraging levels. We have expanded Jet2.com's
Read moreMorning broker round-up -UPDATE
11th Nov 2011 08:52
Experian: Nomura raises target price to 910p from 867p before. Schroders: Deutsche Bank upgrades to hold from sell. Schroders: Credit Suisse cuts target to 1,390p from 1,450p. Fenner: Credit Suisse raised target to 415p from 395p. Dart Group: Peel Hunt initiates coverage at buy. Next Fifteen
Read moreDart closed down slightly, despite announcing dividend increase
23rd Jun 2011 16:45
Distributor and airline operator Dart has today published significant increases in turnover and profit before tax for the year ended on the past 31st of March 2011. Turnover improved to £543m from £435m a year ago; while profit before tax amounted to £26.2m, versus 2009´s figure of £22.2m. Under
Read moreDart Group on track for FY
4th Apr 2011 07:51
Aviation and distribution firm Dart Group said it expects pre-tax profit for the year ended 31 March 2011 to be in line with current market expectations despite the cancellation of North African flying, higher fuel costs and continued consumer uncertainty. Cash flow generation from operations remai
Read moreDart flies high
18th Nov 2010 16:25
Strong performances from its airline and distribution operations helped Dart Group report strong growth in interim profit and promise better than expected full year figures. Dart makes its money in the first half and makes a loss in the second half. That loss will be larger than last year but the
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