Harriet Green, Group Chief Executive of British holiday operator Thomas Cook, has stated that she is confident of hitting 2015 targets thanks to cost-savings that helped it weather a slump in bookings for Egypt and lower holiday prices in Britain. “Firstly, I’m delighted to report that we have delivered 39% underlying EBIT growth to £274 million and a 120 basis point improvement in underlying gross margin to 22.5% on a last 12 months like for like basis, despite around a quarter of a million fewer customers travelling to Egypt which reduced revenues and profits by £131 million and £14 million
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