Thomas Cook – more IT, fewer carpets
In the twelve months to the end-September, Thomas Cook’s capital expenditure on IT systems came in at £73 million compared with store refits on which it spent £7 million.
Thomas Cook Group’s full-year results show that the business continues to spend significantly more on its IT than shop refits.
In the twelve months to the end-September, the firm’s capital expenditure on IT systems came in at £73 million compared with store refits on which it spent £7 million.
Elsewhere, the business noted that web sales continue to grow as a percentage of total sales, accounting for 43% this year, indicative of a steady increase over the past few years.
The statement didn’t offer significantly more detail than the slides above. It noted:
“We continue to invest in OneWeb, our international web platform, which is fully live in the UK and currently being trialled in Belgium and the Netherlands. We believe a common web platform will lead to further improvements in web performance across the Group and more efficient web development."
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