Thomas Cook chief executive Harriet Green is due to outline progress on the group’s turnaround plans as first quarter financial results are declared tomorrow (Tuesday).
Numis analyst Wyn Ellis expects the group to have narrowed underlying losses in its first quarter from £70 million for the same period a year earlier, in what is traditionally its weakest three months.
However, unrest in Egypt and Thailand is predicted to have had some negative effect.
He told The Scotsman newspaper: “We believe that the poor weather in the UK over the last several weeks may have helped to stimulate early summer booking.”
Credit Suisse analysts described Cook as a “compelling turnaround story”.
The figures will come days after an update from rival Tui Travel which highlighted “robust” summer bookings in January with higher average selling prices and volumes.
Cook last week confirmed the sale of Elegant Resorts to Saudi Arabian travel group Al Tayyar for £14.3 million as part of ongoing rationalisation plans.