Report

Thomas Cook - FY15/16 Results

In spite of all disruptions affecting tourism this year, especially across some of Thomas Cook’s key destinations, the company managed to post satisfactory figures for the year, above our estimates. No major changes in market trends have been reported with a continuing strong UK and Nordics while the difficult environment in Germany persists as well as in the airlines’ division...​

Underlying
Thomas Cook Group PLC

Thomas Cook Group is a travel company. Co.'s segments include: Group Tour Operator, which includes tour operations and associated activities within Co.'s 17 source markets; and Group Airline, which provides airline-related services, including both scheduled and charter services, and associated activities within Co.'s four airlines.

Provider
Spread Research
Spread Research

​Spread Research is France's first Rating Agency, registered by ESMA (European Securities and Markets Authority) and a leading European Independent Credit Research firm, founded in 2004 and based in Lyon, France. Our experienced team offer key research services using a wide range of investment strategies and research methodologies for the High Yield, Emerging Markets, Convertibles and Loan Markets.

 

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