Skiplink Navigation

Main Features

Kuoni upbeat about profits

Kuoni headquarters in Zurich


Switzerland's largest travel group, Kuoni, is forecasting record profits for this year and turnover of more than SFr4 billion ($2.27 billion).

Kuoni said on Tuesday that nine-month sales were up by 19.1 per cent to SFr3.06 billion and that group profits rose by 38.8 per cent to SFr97.3 million.

A statement said the increase in turnover was due both to acquisitions and to internal growth, with currency fluctuations having only a negligible effect.

Kuoni last month announced plans for a major shake-up. The Zurich-based group said it would no longer be organised according to geographical regions, but according to its activities.

However, the accounting system is to remain the same to facilitate comparisons with previous years' performances.

swissinfo with agencies

Neuer Inhalt

Horizontal Line

SWI on Instagram

SWI on Instagram

SWI on Instagram

subscription form

Form for signing up for free newsletter.

Sign up for our free newsletters and get the top stories delivered to your inbox.

Click here to see more newsletters