Transat: correction following an error on website
MONTREAL, Sept. 11, 2014 /CNW Telbec/ - Due to a technical error, internal calculations related to Q4 results were posted on Transat's website this morning, including a mention that the company's summer EBITDA (operating income) could be $114M (investors' presentation, p. 9, now corrected). That number remains hypothetical, it should not be interpreted as financial guidance nor considered a forward-looking statement. It falls within the range described in the outlook contained in today's quarterly press release. Given the multiplicity of factors impacting the Company's results, Transat does not provide financial guidance.
Transat A.T. Inc. is an integrated international tour operator with more than 60 destination countries and that distributes products in over 50 countries. A holiday travel specialist, Transat operates mainly in Canada and Europe, as well as in the Caribbean, Mexico and the Mediterranean Basin. Montreal-based Transat is also active in air transportation, accommodation, destination services and distribution. Transat's firm commitment to sustainable tourism development is reflected in its multiple corporate responsibility initiatives. (TSX: TRZ.B, TRZ.A).
SOURCE Transat A.T. Inc.
Debbie Cabana, Advisor, Communications and Media Relations, 514 987-1616, ext. 4662, Debbie.Cabana@transat.com