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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2010/11/travel-firms-post-fullyear-results.jpg"><img class="alignnone size-full" title="TUI and Thomas Cook will post their full-year results next week" src="http://londonglossy.com/wp-content/uploads/2010/11/min-travel-firms-post-fullyear-results.jpg" alt="TUI and Thomas Cook will post their full-year results next week"/></a></p>
<p>The travel sector will be in sharp focus next week when tour operators TUI Travel and Thomas Cook deliver full-year results, with figures also due from two players in the UK pub market.</p>
<p>Two major travel companies will post their annual results and provide an insight into the health of the industry after a turbulent year.</p>
<p>Disruption caused by Iceland&#8217;s volcanic ash cloud earlier in the year, as well as a period of good British weather and the World Cup over the summer, all hit demand for overseas travel.</p>
<p>But Thomson Holidays owner TUI Travel, which reports its final results on Thursday, saw a pick-up in trade towards the end of the summer, which was enough for the company to reaffirm its confidence in meeting full-year expectations.</p>
<p>The group previously said its summer programmes, which ran to the end of October, were sold out after a late rush of bookings towards the end of the season.</p>
<p>The company had been concerned conditions in the market earlier in the year would hit profitability, but analysts said the firm has since experienced a turnaround, though profits are expected to be considerably down on last year. Consensus figures for underlying earnings are £441 million, against £443 million last year.</p>
<p>With Government spending cuts expected to hit consumer confidence, the City will be looking for an update on winter holiday and Summer 2011 bookings.</p>
<p>TUI has expanded its portfolio of holidays to draw in new customers and has also launched new concepts such as Thomson Couples &#8211; holidays aimed solely at adults.</p>
<p>Wyn Ellis, analyst at Numis Securities, has held its forecast for £330.7 million in pre-tax profits, down on £366 million last year, after a &#8220;solid end&#8221; to summer trading.</p>
<p>He said: &#8220;Demand has held up well over the summer and TUI appears to be encouraged by the apparent return of consumer confidence.&#8221;</p>
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