In June, Dart Group announced record annual results, with underlying profits up 28% to £49.2m, well ahead of our expectations, but also warned of more difficult trading conditions in the current year, causing us to reduce our PBT forecast from £45m to £30m. Having reported “some uplift in the market” at the AGM in early September, October’s H1 update confirmed an improvement in trading in the late summer months.
20 Nov 2014
Interims – Better trading conditions maintained
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Interims – Better trading conditions maintained
Jet2 PLC (JET2:LON) | 1,440 331.3 1.6% | Mkt Cap: 3,092m
- Published:
20 Nov 2014 -
Author:
Chris Thomas -
Pages:
3
In June, Dart Group announced record annual results, with underlying profits up 28% to £49.2m, well ahead of our expectations, but also warned of more difficult trading conditions in the current year, causing us to reduce our PBT forecast from £45m to £30m. Having reported “some uplift in the market” at the AGM in early September, October’s H1 update confirmed an improvement in trading in the late summer months.