Club Med shares drop after release of profit warning

Article Abstract:

Club Mediterranee S.A.'s shares fell after the package-tour operator warned profit would be below expectations because of high fuel prices and the weak euro. The company said that its full-year operating profit would be as much as 10% below its Euro107 million target.

Misc. Amusement, Recreation Services, All Other Amusement and Recreation Industries, Misc Recreation, Leisure industry, Recreation

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Club Med's profits decline but hopes rise for summer

Article Abstract:

Club Mediterranee SA posted a drop of 41% in its operating profits for the first-half of 2001. The company posted 34 million euros in operating profits for the period.

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Club Med takes a return route into the red; horizon is bleak

Article Abstract:

Club Mediterranee S.A. reported a Euro70 million loss in the year ended Oct. 31. The firm has gone back into the red after three years of profitability.

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