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Thomas Cook a new profit after a hard year



Divisions in Thomas Cook have dropped by more than 30% after the second warning was given in two months and stopped halting it.

The traveler said he had suffered a "disappointment year" with the UK market especially due to bad weather in the summer months.

Recordings for this winter decrease by 3%, sent a & # 39; company, add to & # 39; blamed some of the "tangible effects" from heat heat.

It has launched a decline, including plans for developing results from the UK highway network network and re-installing the next year's capacity.

Shareholders with more than 30% fell early in trading and now have fallen by three quarters for the year to date.

The warning also affected sections of Tui, which fell by 7%.

Thomas Cook's unregistered statement will only come two months later previous profit alert and two days before a company had been the result of the application results for the year to the end of September.

The company now expects basic operating profits of £ 250m, £ 58m lower than last year, aiming to have a huge drop in employment for a business; tour business.

He stated that a baseline was circulated with a discounted cost on last minute issues.

Profits were also deducted with accounting index on hotel income and bankruptcy and restructuring costs.

Chief Executive Peter Fankhauser said: "The 2018 anniversary of Thomas Cook's disappointment, despite some of the important milestones in our strategy for changing its & business.

"After a good start of our year, we got a bigger downturn than the full finish expectation after a long time of hot weather in our main summer trading phase . "

Mr Fankhauser said he was "particularly tough with high levels of promotional activity that already emerged as a competitive market source for a vacation for Spain" within the UK-based business.

He said: "Looking forward, we need to learn the lessons from 2018 and join the new year that aims to make our difference to our free online grant- days.

"We will take a special focus on responding to its performance in a UK tour operator where challenges of transformationalism in a competitive environment are still important."


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