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Sun starts to shine on tour operator Thomas Cook

2013-11-28 29 Dailymotion

The world’s oldest tour operator Thomas Cook has raised revenue after a three-year slump.<br /><br />The British firm beat analysts’ forecasts with EBIT (earnings before interest and tax) for the first nine months of the year of £263 million (316 million euros).<br /><br />Strong demand for fixed-price holidays was a key profit driver – particularly to Spain, the Canary Islands and Turkey.<br /><br />Thomas Cook, which was hit hard by the eurozone debt crisis, has also been cutting jobs and closing shops to turn the company around.

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