24th Sep 2015 06:11
LONDON (Alliance News) - Thomas Cook Group on Thursday said that summer holiday sales were in line with expectations and that it has had an encouraging start to winter trading, leaving its guidance for full-year earnings unchanged.
The travel operator said that all markets performed in line, with Northern Europe achieving particularly strong trading in the second half of the year.
The summer season is 91% sold, in line with the same time last year, and all major source markets have seen improved bookings for the winter season, Thomas Cook said.
"Our trading performance for the summer season has progressed well, despite the impact of external shocks in certain destination markets, as previously announced. With more than a third of the Winter 2015/16 season sold, the bookings profile for next year is also encouraging," Chief Executive Peter Fankhauser said in a statement.
"With the benefit of our strong brands and through our absolute focus on customer needs, I am confident that this strategy will lead to an even better holiday experience for our customers, further improving our growth and profitability, and increasing returns to shareholders," he added.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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