City News: Thomas Cook, Brammer, Austin Reed, and car exports

City News: Thomas Cook, Brammer, Austin Reed, and car exports
 

The tour operator’s chief executive Peter Fankhauser said despite a “difficult year for tourism” after terrorist attacks in Europe and a failed coup in Turkey, its UK and Scandinavian businesses had performed better than expected. 
Annual pre-tax profit fell from £50million to £42million on broadly flat revenue of £7.81million as it switched to providing more holidays in Spain when demand for the likes of Turkey, Egypt and Tunisia waned. 
UK winter bookings are up by 2 per cent from last year and selling prices 1 per cent higher. Summer bookings are also up 2 per cent and prices by 8 per... read more

 
24 November 2016 in Business, Views: 59
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