Thomas Cook Group profit declines in FY2016

Thomas Cook Group down - financial highlights for 12 months ended 30-Sep-2016:

• Revenue: GBP7812 million, -0.3% year-on-year;
• • Airlines: GBP2825 million, +0.7%;
• Underlying EBIT: GBP308 million, -0.6%;
• • Airlines: GBP83 million, -40.7%;
• Net profit: GBP8 million, -57.9%;
• Net debt: GBP129 million;
• Capacity (ASKs): +2.9%;
• Passenger load factor: 89.3%, -1.8 ppt;
• Yield per seat:
• • Long-haul: GBP299, +1.0%;
  • Short-haul: GBP104, -2.8%. [more - original PR]

Thomas Cook Group: "Confident of achieving FY17 operating result in line with current market expectations." Source: Company statement, 22-Nov-2016.