Due to the tougher competitive environment and the prolonged hot weather period which should continue to impact winter trading, TCG has cut its FY18 operating profit expectations to around £280m, which is 13% lower than the current consensus expectations.
24 Sep 2018
Consecutive disappointing releases hit the upside hope
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Consecutive disappointing releases hit the upside hope
Thomas Cook Group (TCG:LON) | 0 0 0.3% | Mkt Cap: 1,871m
- Published:
24 Sep 2018 -
Author:
Jie Zhang -
Pages:
2
Due to the tougher competitive environment and the prolonged hot weather period which should continue to impact winter trading, TCG has cut its FY18 operating profit expectations to around £280m, which is 13% lower than the current consensus expectations.