BREAKING NEWS
This content is not available in your region

On The Beach books $32.8 million in costs related to Thomas Cook refunds

Text size Aa Aa

(Reuters) – Holiday package provider On The Beach <OTB.L> reported a 3% rise in annual profit on Wednesday and said it booked a one-off charge of 25.6 million pounds ($32.84 million) due to refunds for clients affected by the collapse of Thomas Cook <TCG.L>.

The full-year adjusted profit before tax came in at 34.6 million pounds, compared with 33.6 million pounds last year.

(Reporting by Katarzyna Zajaczkowska in Bengaluru; Editing by Aditya Soni)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.