Travel and leisure company Dart Group plc (LON:DTG) today said it expects full year underlying profit before tax to be ahead of current market forecasts.
Shares jumped 3.98% to 545.40p in morning trading.
The group, which owns package holiday specialist Jet2holidays and airline Jet2.com, said profits for the year to 31 March 2017 were supported by winter losses being lower than previously anticipated.
Dart also said it expects to meet current market expectations of profit before taxation for the year ending 31 March 2018, buoyed by current forward booking and the recent launch of new operating bases at London Stansted and Birmingham airports.
Forward bookings in the Leisure Travel business for summer 2017 are “satisfactory”, the company added.
Trading at Fowler Welch - the distribution and logistics business, which supplies food to retailers – is “promising” as it develops new and existing business opportunities, Dart said.