News & Comment
As foreshadowed here, Holidaybreak (HBR) has cheered investors with record full-year profits of £27 million on turnover of £219 million, writes James Crux.
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Holiday operator Holidaybreak (HBR) is poised to reveal pre-tax profits up from £23.8 million to £27 million on Monday, when the fully-listed group unveils its results for the year to September. James Crux.
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Shares in holiday provider Holidaybreak rose 12.5p to a three-year high of 525p in early dealings, on first-half losses down £800,000 to £6.7 million and a 9.2 per cent dividend hike, writes James Crux.
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Recommendations
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These are dark times for the global tourism industry. 11 September, the Bali bombing, war in the Gulf — all have taken their toll on airline and holiday companies alike.
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Sector Articles
After the strong share price rises at the end of last year, a clutch of canny directors embarked on their own version of the January sales, off-loading hefty chunks of shares and crystallising a host of in-the-money options.
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