StockMarketWire.com - Dart said it expected to meet market expectations, though warned it remained 'very cautious' in its outlook as cost pressures in the travel industry were set to intensify given the weakness in sterling, while Brexit uncertainty was expected to weigh on consumer confidence.

The company said the overall demand for both its flight-only offering and package holiday product continued to strengthen, with package holiday customer numbers as a proportion of total departing customers having increased for summer 2019 to date.

Winter season forward bookings, however, have yet to match its seat capacity growth, which would force the company to keep pricing enticing for both its leisure travel products.

Encouraging progress continues to be made at Fowler Welch, its distribution & logistics business, with new commercial wins improving the quality of revenue, the company said.

'With still some way to go in the Leisure Travel winter booking cycle, the board remains optimistic that current market expectations for Group profit before foreign exchange revaluations and taxation for the year ending 31 March 2020 will be met,' the company said.




At 9:08am: [LON:DTG] Dart Group PLC share price was -14p at 726p



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