DGAP-News: Kuoni Travel Holding Ltd.: Kuoni posts positive results for 2009
(firmenpresse) - Kuoni Reisen Holding AG / Final Results
23.03.2010 07:00
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The Kuoni Group reports a positive net result for the 2009 business year.
Total turnover amounted to CHF 3 889 million (down 19.8 % on the prior
year), while earnings before interest and taxes (EBIT) stood at CHF 15.1
million. Net of the costs of the current investment and cost-reduction
programme, the Group achieved an underlying EBIT 1 of CHF 45.3 million. The
group net result amounted to CHF 1.6 million. Results for 2009 were
adversely affected by the global financial and economic crisis, the
repercussions of the swine flu pandemic and substantial losses due to
currency movements. All the Group's divisions contributed to the positive
bottom-line result. Travel bookings for 2010 show a slight but steady
improvement on the same time last year.
Laurence Bienz
Head of Investor Relations
Kuoni Travel Holding Ltd.
Neue Hard 7
CH-8010 Zurich
P +41 (0)44 277 45 29
laurence.bienz(at)kuoni.com
23.03.2010 07:00 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------
Language: English
Company: Kuoni Reisen Holding AG
Neue Hard 7
8010 Zürich
Schweiz
Phone: +41 44 277 4529
Fax: +41 44 277 4031
E-mail: laurence.bienz(at)kuoni.com
Internet: www.kuoni-group.com
ISIN: CH0003504856
WKN: 894861
Listed: Freiverkehr in Berlin, Stuttgart; Open Market in Frankfurt;
Foreign Exchange(s) SIX
End of News DGAP News-Service
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Datum: 23.03.2010 - 07:00 Uhr
Sprache: Deutsch
News-ID 17857
Anzahl Zeichen: 0
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Kategorie:
Business News
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