Photo: Shawn Pogatchnik / AP
In conjunction with the report for the quarter ended in December, the company is launching a program to buy back shares for EUR 800 million (approximately 7.4 billion).
Ticket prices fell by 1 percent during the quarter and is expected to continue down 6 percent in the quarter ending in March, the fourth of the company’s split fiscal year.
Net profit for the company third quarter rose to 103 million euros, against an average forecast of 118 million euros among analysts. During the same quarter a year earlier profit was EUR 49 million.
The turnover rose to 1.3 billion euros, in line with expectations.
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