De Vere profits remain flat
It was a largely negative day for travel and tourism shares yesterday as London’s main equity indices moved in different directions.
The FTSE 100 index gained 21.3 points to close at 4882.5, while the broader-based FTSE 250 dropped 42.9 points to end the day at 6744.
One significant move came at De Vere hotels, which lost 5p to close at 515p after announcing that its pre-tax profits for the six months to March had risen by just 0.2 per cent to £19.3 million. The group said that, while business and corporate business had been good, the market for leisure breaks had been disappointing.
Alpha Airports 93.5p NO CHANGE
Avis Europe 70p NO CHANGE
BAA 585p UP 1.5p
British Airways 247p UP 3.5p
CNG Travel Group 62p NO CHANGE
Carnival 2772p UP 22p
CenterParcs 58p DOWN 0.5p
De Vere 515p DOWN 5p
EasyJet 231.25p UP 5.75p
ebookers 319.5p NO CHANGE
EuroDisney 8.5p DOWN 0.5p
Eurotunnel 12.25p NO CHANGE
First Choice 168p UP 0.25p
Hilton Group 278p DOWN 2p
Holidaybreak 630p DOWN 10p
Intercontinental 621p DOWN 6p
Lastminute.com 108p UP 1.75p
MyTravel 5.5p NO CHANGE
P&O 265p DOWN 0.75p
Rank Group 252p DOWN 4p
Ryanair 389.5p UP 1.375p
Stagecoach 104p UP 1p
Report by Tim Gillett, News From Abroad Ltd www.newsfromabroad.com
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