17-Mar-2011 3:47 PM
Cimber Sterling drops 2010/11 financial guidance
Analysis
Cimber Sterling has declared a EUR15.8 million loss for the three months ended 31-Dec-2010, reversing the EUR12.8 million profit it achieved in the previous corresponding period. Revenue at the carrier rose 18%, but this was more than matched by the 29% increase in operating costs.
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