First Choice
Article Abstract:
First Choice Holidays aims to increase profits fourfold by 1999, and the market is improving. The company's managing director, Peter Long, knows the industry extremely well. The industry was hit by oversupply, leading to discounting in 1995, and supply has since been cut, leading to a virtual elimination of discounts in 1997. Demand for holidays has been strong in 1997 due to windfalls from demutualisations. The company's profit is forecast at 30 million pounds sterling for 1998 by Merrill Lynch.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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Preussag
Article Abstract:
Preussag is a major tour operator which has grown through carrying out acquisitions. The company should be able to reduce its debt level by carrying out disposals.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2001
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First Choice Holidays
Article Abstract:
First Choice Holidays benefits from being in a specialist market with high margins, though the company could be affected by an economic slowdown.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
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