Tour operator Transat has ended its financial year with a reduced summer season profit and net income for Q4 down 44 per cent.
Tour operator Transat has ended its financial year with a reduced summer season profit and net income for Q4 down 44 per cent partly due to restructuring costs; earnings are down $1.27 per diluted share. Overall the company’s results are better than predicted with Q4 revenue climbing 4.5 per cent from the same period last year.
