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BREAKING NEWS

Club Med back in the black

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Club Med back in the black

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Club Med’s shares soared after the French holiday resort group reported it is back in profit and is talking with a potential partner in China.

Its bookings were up by 18 percent in the last eight weeks, rising in all regions.

The group reported net income of three million euros for the first half of its fiscal year. In the same period a year earlier it lost 22 million euros.