Dart Group PLC will reveal annual results for the year to the end of March 2017 on July 13. In a trading update, it said profits before tax were expected ‘to be ahead of current market expectations as a result of lower than anticipated winter losses”.
Analysts had predicted a fall in profits to around £90.7 million for the year. However, guidance for 2016/2017 is now put at between £97 million and £100 million. In the last financial year, Dart Group reported a pre-tax profit of £104.2 million, an increase of 82%, but expansion and aircraft orders mean this figure is unlikely to be matched in the next few years.
