Jet2 (JET2)

Sector:

Commercial Transport

Index:

FTSE AIM 50

1,437.00p
   
  • Change Today:
    -5.00p
  • 52 Week High: 1,519.00
  • 52 Week Low: 1,017.00
  • Currency: UK Pounds
  • Shares Issued: 214.68m
  • Volume: 300,314
  • Market Cap: £3,085.01m

Dart Group tops estimates in 'satisfactory' first half

By Iain Gilbert

Date: Thursday 21 Nov 2019

LONDON (ShareCast) - (Sharecast News) - Travel and logistics firm Dart Group now expects current full-year expectations to be 'significantly exceeded' after topping both profit and revenue estimates in its "satisfactory" first half.
Revenues shot up 16% in the six months ended 30 September to £2.61bn, while operating profits moved ahead 3.0% to £365m.

Dart said the "modest" increase in overall profitability was a result of later booking patterns amongst customers of its leisure travel business and some improved customer demand throughout the summer period.

Distribution and logistics revenues grew by 23.0% to £2.7m.

Dart Group chairman Philip Meeson said: "With leisure travel bookings continuing to strengthen and notwithstanding the important post-Christmas booking period that is still to come, the board now expects current market expectations for group profit before FX revaluation and taxation for the year ending 31 March 2020 to be significantly exceeded."

However, Meeson cautioned that losses were still to be expected in the second half, with the group continuing to invest in additional aircraft and associated infrastructure.

As of 1010 GMT, Dart Group shares had lit up 8.74% to 1,468p.

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Jet2 Market Data

Currency UK Pounds
Share Price 1,437.00p
Change Today -5.00p
% Change -0.35 %
52 Week High 1,519.00
52 Week Low 1,017.00
Volume 300,314
Shares Issued 214.68m
Market Cap £3,085.01m

Jet2 Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
29.9% below the market average29.9% below the market average29.9% below the market average29.9% below the market average29.9% below the market average
45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average
Price Trend
72.44% above the market average72.44% above the market average72.44% above the market average72.44% above the market average72.44% above the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average
Income
45.38% below the market average45.38% below the market average45.38% below the market average45.38% below the market average45.38% below the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Growth
79.12% above the market average79.12% above the market average79.12% above the market average79.12% above the market average79.12% above the market average
63.64% above the sector average63.64% above the sector average63.64% above the sector average63.64% above the sector average63.64% above the sector average

What The Brokers Say

Strong Buy 7
Buy 8
Neutral 1
Sell 0
Strong Sell 0
Total 16
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Jet2 Dividends

  Latest Previous
  Final Interim
Ex-Div 19-Sep-24 28-Dec-23
Paid 23-Oct-24 02-Feb-24
Amount 10.70p 4.00p

Trades for 31-Oct-2024

Time Volume / Share Price
16:35 17,383 @ 1,437.00p
16:35 123,344 @ 1,437.00p
16:35 1 @ 1,437.00p
16:35 126 @ 1,437.00p
16:35 222 @ 1,437.00p

Jet2 Key Personnel

CEO Stephen Heapy

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