Dart Group takes off as it lands revenue gains

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Dart Group takes off as it lands revenue gains
Master Investor Magazine

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AIM-listed travel firm Dart Group (LON:DTG) has seen its shares climb by 5.53% to 1,424.66p (as of 14:10 GMT) after revenues for the half year ended 30th September rose by 16%. Pre-tax profits improved by a more modest 2% as margins declined by 180 basis points as fuel and wage costs were not fully passed on to customers.

Management said that leisure travel bookings were continuing to strengthen and added they believe that earlier full-year profit expectations will now be significantly exceeded.

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