Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on DART GROUP PLC. We currently have 13 research reports from 2 professional analysts.
|01Feb17 14:02||RNS||Total Voting Rights|
|03Jan17 16:02||RNS||Total Voting Rights|
|23Dec16 07:00||RNS||Aircraft order|
|01Dec16 13:07||RNS||Total Voting Rights|
|17Nov16 07:00||RNS||Half-year Report|
|30Sep16 16:04||RNS||Blocklisting Interim Review and TVR|
|21Sep16 15:52||RNS||Holding(s) in Company|
Frequency of research reports
Research reports on
DART GROUP PLC
DART GROUP PLC
17 Nov 16
Conroy Gold & Natural Resources* (CGNR.L) | Crossword Cybersecurity * (ISDX:CCS) | Karelian Diamond Resources (KDR.L) | SCICYS (SSY.L) | Keywords Studios (KWS.L) | Redstone Connect (REDS.L) | ZOO Digital Group (ZOO.L) | Genedrive (GDR.L) | Shanta Gold (SHG.L) | Dart Group (DTG.L)
Interims – Further strong growth delivered
17 Nov 16
Overview. Interim results show that the Group had a very successful summer 2016 trading season, with revenues up 21% to £1,240.8m and operating profit up 14% to £167.5m. Adjusted PBT (excluding a £4.6m FX revaluation loss) was up 14.6% to £168.3m. Cash generation was also strong, with net cash up £144.6m since the year end, to £465.7m. The interim dividend was increased 53% to 1.375p.
Time to grab a late season holiday bargain?
22 Sep 16
Dart Group’s AGM update contained two good news messages. Trading in the first half of the current year has continued to be strong and is ahead of our forecasts. Also, in addition to the new base at Birmingham Airport announced in July, the company revealed that it was opening a base at London Stansted, which would also start operations in spring 2017. The considerable costs of setting up these two bases falls in the current financial year and the company therefore guided that reported profits are likely to be slightly behind market expectations. We think that the market has misconstrued the reasons for the forecast downgrade, leading to unwarranted share price weakness, which provides an excellent buying opportunity.
Strong finals & a good start to the year
14 Jul 16
The strong final results reflect the planned growth in the holiday business and the benign market conditions seen last year, with Group revenues up 12% to £1,405.4m and underlying operating profit up 109% to £105.0m. Adjusted PBT grew 82% to £104.2m and EPS increased 90% to 60.22p, helped by a lower than expected tax charge.
New Birmingham hub for 2017
07 Jul 16
Dart Group has announced that Jet2.com and Jet2Holidays will commence operations at Birmingham International Airport from March 2017, making it the Group’s eighth UK hub. The programme for summer 2017 includes 15 sun destinations with 590,000 seats available on four of Jet2.com’s brand new Boeing 737-800 aircraft.
The Crown Joules
15 Feb 17
We believe that own-brand retailers that operate a balanced multi-channel proposition will be well placed to prosper in a competitive apparel market going forward. Joules is one company in particular which we believe will outperform the sector given its loyal and growing customer base, distinctive brand and strong track record of opening profitable space. We initiate coverage on the shares with a buy recommendation and price target of 249p, implying upside of 16.9% over the prevailing market price.
The Slide Rule
12 Jan 17
What is The Slide Rule? The Slide Rule has been designed to dramatically simplify the identification of the best companies in the UK small/mid-cap sector by making a quantitative assessment of the relative potential of each company. At its core, The Slide Rule aims to identify those companies that create genuine shareholder value through strong returns on capital and solid growth, but also present a value opportunity with the potential tailwind of earnings momentum. Companies are assessed within a Quality, Value, Growth and Momentum (QVGM) framework.
N+1 Singer - Carpetright - Recovery has just begun
17 Feb 17
With UK LFLs up 6.8% in Jan against tough comparatives, and Europe LFLs up 5.4% in Q3, the first clear evidence is now visible that the transformation strategy is gaining momentum. Given some uncertainties, market forecasts are yet to reflect this, but upgrades seem likely as further initiatives are rolled out. Despite a recent bounce from its all time low, the valuation is still very low on consensus assumptions, where risk now appears to be shifting to the upside. With scope for re-rating too, our 300p target price has the scope to grow to 500p over 18 months. We re-initiate with a Buy.
Panmure Morning Note 19-01-2017
19 Jan 17
Pets at Home have released a Q3 trading update this morning that will disappoint the market. Group like-for-like revenue growth was just +0.1% through 3Q16 as subdued trading across the Merchandise business weighed on continued strong growth in Veterinary Services. Profit outlook for FY17 remains in line with expectations. Suspect the shares will come under pressure.