Thomas Cook Hopes to Meet Expectations
Travel operator Thomas Cook has said that it expects to meet its expectations during the current financial year.
The company said that the winter period had seen a 7 per cent rise in bookings to Northern Europe. Bookings to North America, Continental Europe and the UK all fell however by 2-5 per cent, in the same period.
Thomas Cook said that bookings for holidays for the summer were still strong despite worries of a drop in consumer confidence.
Manny Fontenla-Novoa, chief executive of the group, Today we are marking the first year of Thomas Cook Group plc at our inaugural Annual General Meeting, a year in which significant progress has been made.
We have successfully and swiftly integrated our predecessor businesses, reported increased profits for 2006/07, entered the FTSE 100 index and made a number of key strategic acquisitions.
Over the past twelve months we have laid strong foundations for future growth. I am satisfied with our current trading and am
confident in our strategy to grow the business.
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