Business

Pre-close trading update

Pre-close trading update.

articleJet2 PlcApril 14, 20093/company/jet2-plc/news/pre-close-trading-update-278
Pre-close trading update

About this update from Jet2 Plc

[{"type":"text","content":"\n RNS Number : 4715Q Dart Group PLC 14 April 2009  \n \nDart Group PLC ('the Group')\n\nPre-close trading update \n\nDart Group PLC, the aviation and distribution group, announces a pre-close trading update in respect of the year ended 31 March 2009.\n\nSince the announcement of its interim results on 4 December 2009, the Group has continued to trade ahead of market expectations over the second half of the financial year.\n\nJet2.com, the Group's leisure airline, has benefited from a cautious approach to its winter schedule, supplemented by a strong charter programme.\n\nFowler Welch-Coolchain, the Group's distribution business, continues to perform in line with the Board's expectations.\n\nCash flow remains strong, with the Group ending the year with positive cash balances.  \n\nOverall, the Board expects the Group's full year results to be ahead of current market expectations, as a result of both the strong trading performance and one-off treasury gains, driven by the strength of the US dollar.\n\nThe Board is pleased to report that Jet2.com scheduled bookings and load factors for summer 2009 are in line with 2008 levels.  \n\nThe Group expects to announce its preliminary results for the year ended 31 March 2009 on 30 July 2009.\n\n14 April 2009\n\nFor further information, please contact:\n\nAndrew Merrick\nGroup Finance Director\n\n07788 565358\n0113 238 7444\n\nAndy Pedrette/Joanne Royden-Turner\nSmith & Williamson Corporate Finance Limited\n\n020 7131 4000\nThis information is provided by RNSThe company news service from the London Stock Exchange  END  TSTUUUGCCUPBGAB \n ","length":3089,"tagName":"div"}]

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