6-Aug-2010 12:25 PM

Orbitz Worldwide revenue up 3%, profits down in 2Q2010

Orbitz Worldwide revenue up 3% - financial highlights:

  • Three months ended 30-Jun-2010:
    • Revenue: USD193.5 million, +3% year-on-year;
      • Air: USD70.9 million, +3%;
    • EBITDA: USD41.6 million, -3%;
    • Net profit: USD9.7 million, -5%;
    • Operating cash flow: USD18.7 million, compared to a negative cash flow of USD17.9 million in p-c-p;
  • Six months ended 30-Jun-2010:
    • Revenue: USD380.6 million, +1%;
      • Air: USD142.5 million, -5%;
    • EBITDA: USD67.0 million, compared to a loss of USD266.3 million in p-c-p;
    • Net profit: USD4.5 million, compared to a loss of USD325.9 million in p-c-p;
    • Operating cash flow: USD114.7 million, +16%. [more]

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More