Oct 25 (Reuters) - RAINBOW TOURS SA:
* REPORTED ON WEDNESDAY SEPT. REVENUE OF 223.1 MLN ZLOTYS, UP 22.5 PCT YEAR ON YEAR
* PRELIMINARY 9-MONTH NET PROFIT 14.2 MLN ZLOTYS VS 44.3 MLN ZLOTYS YEAR AGO
* PRELIMINARY 9-MONTH REVENUE 1.36 BLN ZLOTYS VS 1.18 BLN ZLOTYS YEAR AGO
* SAID 9-MONTH RESULTS MAINLY AFFECTED BY AGGRESSIVE PRICING POLICY OF ONE OF CO’S COMPETITORS AND “SIGNIFICANT” OVERSUPPLY OF OFFER ON TOURIST SERVICES MARKET
* ALSO SAID CO’S MARGINS WERE NEGATIVELY AFFECTED BY “VERY GOOD” WEATHER CONDITIONS IN POLAND IN APRIL-SEPT. AND FOOTBALL WORLD CUP
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Further company coverage: (Gdynia Newsroom)
