Travel firm Dart Group PLC (LON:DTG) expects to meet the recently upgraded market expectations of profit before tax for the current fiscal year.
The owner of the jet2 airline said the positive start to the financial year reported back in July had continued.
READ: Dart Group sees full-year profits jump 49%, expects current year profit to “substantially exceed market expectations”
Leisure Travel bookings are growing slightly ahead of its 25% summer 2018 seat capacity increase and winter bookings are satisfactory at this stage, the company said in a statement ahead of its annual general meeting.
“Demand for both our flight-only offering and our higher margin package holiday product remains strong and package holiday customer numbers as a proportion of total departing customers have increased slightly for summer 2018,” the company revealed.
At its Fowler Welch distribution & logistics business, trading is in line with expectations.
The market is expecting the company to make adjusted profit before tax in the year to the end of March 2019 of £175mln; the group said it is on course to meet this target (excluding the impact of foreign exchange fluctuations).
Shares in Dart were up 5.1% at 1,043p.
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— Lauren-Jade. (@laurenjadetonge) September 6, 2018