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Thomas Cook Posts Profit In FY09; Says Confident To Perform In Line With FY10 Expectations - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Thomas Cook Group Plc (TCG.L) reported Monday that its fiscal 2009 profit attributable to equity holders of the parent was GBP 15.8 million or 1.9 pence per basic share. The company's last year's statutory earnings were 4.6 pence per share, and pro forma profit attributable to equity holders of the parent was GBP 10.8 million.

On an adjusted basis, earnings per share rose 8.7% to 26.2 pence from pro forma earnings of 24.1 pence per share in the prior year.

Profit before tax was GBP 56.1 million, while prior year's statutory profit before tax was GBP 48.4 million, and pro forma profit before tax of GBP 23.7 million. Adjusted profit before tax dropped slightly to GBP 308.2 million from GBP 309.3 million a year ago.

Revenue was GBP 9.27 billion, while last year's statutory revenue was GBP 8.11 billion, and pro forma revenue was GBP 8.75 billion.

Further, the company said its Board is recommending a final dividend of 7.0p per share, which gives a total dividend for the year of 10.75p. Once approved, the final dividend will be payable on April 8, 2010 to holders of relevant shares registered on March 19, 2010.

The company said its current trading is in line with its expectations in a challenging environment, and added that it remains confident that the Group will perform in line with its expectations for the current year. Looking further ahead, the company is confident that it can grow revenue, profit and margin in the medium term.

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