Thomas Cook reports £586m loss

Tour operator Thomas Cook Group reported a net loss of £585.9 million for the year ended September 30th.

28th November, 2012
Thomas Cook reports £586m loss
Thomas Cook faced major difficulties last year.

Tour operator Thomas Cook Group reported a net loss of £585.9 million for the year ended September 30th.

The company was saved by an emergency loan last year and its share price was down more than 2 per cent a short time ago.

Revenue fell to £9.49 billion from £9.81 billion, missing analysts expectations.

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