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Dart Group operating profit up 33% in FY2013, 'cautiously optimistic' of profit growth

19-Jul-2013 4:19 PM

Dart Group revenue up 27% - financial highlights for 12 months ended 31-Mar-2013:

  • Revenue: GBP869.2 million, +27.3% year-on-year;
    • Leisure airline: GBP556.2 million, +20.6%;
    • Package holidays: GBP244.8 million, +114%;
    • Distribution and logistics: GBP155.2 million, +1.8%;
  • Operating profit: GBP37.9 million, +33.0%;
    • Leisure airline: GBP26.7 million, +23.0%;
    • Package holidays: GBP6.5 million, +160%;
    • Distribution and logistics: GBP4.7 million, +9.3%;
  • Net profit: GBP31.2 million, +37.4%;
  • Scheduled passenger numbers: 4.8 million, +13.3%;
  • Load factor: 90%, +3 ppts;
  • Retail revenue per passenger: GBP30.96, +11.1%;
  • Total assets: GBP747.5 million;
  • Cash and cash equivalents: GBP190.9 million;
  • Total liabilities: GBP560.9 million. [more - original PR]

Dart Group: "We are encouraged both by our business opportunities and the start we have made to the current year but as always, in the current economic environment, we remain cautiously optimistic in respect of profit growth," Philip Meeson, Chairman. Source: Company statement, 17-Jul-2013.