The group’s activities (especially Tour Operator) have continued to be impacted by the tougher pricing environment resulting from the stiffer market competition and the uncertain consumer environment during the first half of the year. And these trends will continue for the rest of the year. Therefore, management has guided that the underlying operating profit in H2 will be lower than in the same period last year, which implies that the FY underlying operating profit will be at least 35%
16 May 2019
Hopeless
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Hopeless
Thomas Cook Group (TCG:LON) | 0 0 0.3% | Mkt Cap: 1,871m
- Published:
16 May 2019 -
Author:
Jie Zhang -
Pages:
3
The group’s activities (especially Tour Operator) have continued to be impacted by the tougher pricing environment resulting from the stiffer market competition and the uncertain consumer environment during the first half of the year. And these trends will continue for the rest of the year. Therefore, management has guided that the underlying operating profit in H2 will be lower than in the same period last year, which implies that the FY underlying operating profit will be at least 35%