Thomas Cook reported its Q3 16 results: Revenue was down 8% lfl with the impact of weak demand for Turkey (-8%), Tunisia and Egypt, which was partially offset by Spain and other destinations like the US and Cuba. Overall, the impact of the Brussels terrorist attack on Belgium is estimated to be £60m (-3%). - EBIT declined to £2m (vs £24m in Q3 15) due to the impact of the Belgian terrorist attacks and difficulties at Condor (German airline). Summer 2016 bookings decrea
01 Aug 2016
A tough summer in 2016
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A tough summer in 2016
Thomas Cook Group (TCG:LON) | 0 0 0.3% | Mkt Cap: 1,871m
- Published:
01 Aug 2016 -
Author:
Bérénice Lacroix -
Pages:
2
Thomas Cook reported its Q3 16 results: Revenue was down 8% lfl with the impact of weak demand for Turkey (-8%), Tunisia and Egypt, which was partially offset by Spain and other destinations like the US and Cuba. Overall, the impact of the Brussels terrorist attack on Belgium is estimated to be £60m (-3%). - EBIT declined to £2m (vs £24m in Q3 15) due to the impact of the Belgian terrorist attacks and difficulties at Condor (German airline). Summer 2016 bookings decrea