Speaking after the announcement of the group’s full-year results, Peter Fankhauser said he expected demand for Spain to “balance out”.
Group revenue was reported at £9,007 million, up 9% on a like-for-like basis (adjusted for foreign exchange), while underling Ebit (earnings before interest and taxes) was up £24 million to £330 million for the 12 months ended September 30.
Fankhauser said: “Spain was having an increased demand because of the turbulence we have seen in the eastern Mediterranean. So that is a hang over from 2016.
