August 21, 2008
The Kuoni Group looks back on a successful first half of 2008. Turnover rose 9.9% to CHF 2.2 billion. Earnings before interest and taxes (EBIT) rose significantly to CHF 13.9 million (+143.9%). The main contributors to these good results were the Scandinavian and Asian business units, along with Destination Management. The positive turnaround was also confirmed in Switzerland. In the United Kingdom, the travel market continues to be very difficult. Demand in this market has weakened at the same time.
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