Dart Group has released FY19 results ahead of current market expectations albeit this was flagged at the trading update in April. The Board remain optimistic of meeting FY20 market expectations and commentary in the press release indicates that customer demand and operational momentum continues to be strong. We have long viewed Dart’s Leisure Travel strategy as well differentiated vs competition and see this contributing to ongoing share gains in the industry. Buy.
11 Jul 2019
Dart Group - FY19 Results, Strategy Paying Off
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Dart Group - FY19 Results, Strategy Paying Off
Jet2 PLC (JET2:LON) | 1,440 331.3 1.6% | Mkt Cap: 3,092m
- Published:
11 Jul 2019 -
Author:
Andrew Simms -
Pages:
7
Dart Group has released FY19 results ahead of current market expectations albeit this was flagged at the trading update in April. The Board remain optimistic of meeting FY20 market expectations and commentary in the press release indicates that customer demand and operational momentum continues to be strong. We have long viewed Dart’s Leisure Travel strategy as well differentiated vs competition and see this contributing to ongoing share gains in the industry. Buy.