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Holidaybreak shares plummet on profits warning
There were few drastic movements for travel shares yesterday as London’s main equity indices showed small gains.
The FTSE 100 index gained just 8.9 points to end the day at 4546.2, while the FTSE 250 added 27.7 points to close at 6286.1.
The biggest move by a country mile was at the camping and adventure holiday company Holidaybreak, which dropped an enormous 105p to close at 498p. The company’s pre-tax profits for the year to 30 September were £20.7 million, down 14 per cent on the previous year.
Alpha Airports 75p NO CHANGE
BAA 527p UP 5.5p
British Airways 291.75p DOWN 1.75p
Carnival 2507p DOWN 26p
De Vere 443p DOWN 15.5p
EasyJet 290p DOWN 3p
ebookers 296p DOWN 2p
EuroDisney 27p NO CHANGE
Eurotunnel 31p UP 1p
First Choice 130.25p DOWN 5.75p
Hilton Group 234.25p UP 2.25p
Holidaybreak 498p DOWN 105p
Intercontinental 512p UP 12p
Lastminute.com 205p DOWN 0.75p
MyTravel 9p DOWN 0.25p
P&O 214.5p DOWN 2p
Rank Group 331p DOWN 0.75p
Ryanair 352p UP 2.675p
Stagecoach 87.5p UP 6.5p
TBI 65p DOWN 1p
Report by Tim Gillett, News From Abroad
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