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Financial statements for Kuoni Scandinavia 2010

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Kuoni Scandinavia nearly tripled its profit for 2010, making it the best result in the company’s history.

Revenue increased to 6.1 billion USD, while the profit (EBIT) ends at 325 million. The strong performance draws again the Scandinavian division of one of the most lucrative of Kuoni’s divisions. Kuoni Scandinavia, in particular, counting Apollo and Falk Lauritsen, continues to increase profit and revenue and tripled in 2010 compared to 2009. The group is therefore one of the most profitable divisions in the worldwide travel group Kuoni.
“Kuoni Scandinavia had an exceptionally good year in 2010 despite weakening economic conditions in the early part of the year, the ash cloud and unrest in Bangkok. Nevertheless, we have improved revenues and profits significantly, and there were very reasonable sales in the peak season where supply matched demand,” said Rikke Koks Andreassen, Head of Communications at Apollo.

For more information:
CEO Leif Vase Larsen, Apollo: 0046 – 073-370-2663
Communications Manager Rikke Koks Andreassen: 35201005 / 22201340

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