News Column

Thomas Cook still on track

August 1, 2014

? Holiday operator Thomas Cook reported a recovery in quarterly earnings and said it was confident its transformation plan was on track. Thomas Cook posted earnings before interest and taxes (EBIT) of 33m in the three months to the end of June, its fiscal third quarter, a big improvement on the 1m it made in the same period last year, helped by the timing of Easter. The firm said its performance remained in line with internal expectations for the full year.

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Source: City A.M. (UK)

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