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Thomas Cook predicted to show strong UK Q1 in forthcoming results

Operators
Edward Robertson
7 February 2017

Thomas Cook’s UK arm will be shown to be continuing on its road to recovery when the operator’s Q1 results are released on Thursday.

money

In a note put out by Stifel, the investment banking company said with market conditions largely unchanged, the statement is likely to give a similar message to previous predictions.

This means in the UK despite Brexit and a weak currency, demand remains strong for holidays.

Stifel adds Thomas Cook should also enjoy certain advantages over competitors thanks to the fact that 60% of its programme is all-inclusive while 50% of its programme was hedged before the UK referendum.

It adds the company has also focused on improving both its product offering and customer satisfaction levels.