Rainbow Tours tracks worst day in 3 years on first post-COVID H1 net profit decline

About this update from Rainbow Tours S.a.

** Shares in Rainbow Tours GPW:RBW slump 8% after the Polish tour operator's H1 net profit fell 12.2% y/y to 84.6 million zlotys ($23 million) ** This was the first y/y decline in earnings since COVID-19 and was likely to trigger a negative market reaction, Jakub Szkopek from Erste Group says** However, Szkopek also notes that the group's CEO has indicated in an interview that while Q2 was a period of weakening demand, Q3 brought some recovery ** Rainbow Tours' shares are on track for their worst day in almost 3 years($1 = 3.6538 zlotys)

View stock analysis, news, and events for Rainbow Tours S.a.