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Jasons Travel Media expects lower earnings


Challenging trading conditions have seen Jasons Travel Media issue a profit warning - with the company expecting annual operating earnings to fall about 10%.

NBR staff
Wed, 27 Jul 2011

Challenging trading conditions have seen Jasons Travel Media issue a profit warning - with the company expecting annual operating earnings to fall about 10%.

In a statement to NZX, the company said this reflected softening accommodation print revenues amid challenging trading conditions.

It said earnings before interest, tax, depreciation and amortisation (EBITDA) were expected to fall to $1.72 million in the year ending March 2012.

NBR staff
Wed, 27 Jul 2011
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Jasons Travel Media expects lower earnings
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