Company Overview of Travelex Limited (United Kingdom)
Travelex Limited (United Kingdom), through its subsidiaries, provides non bank foreign exchange services worldwide. The company operates through five segments: Retail Travel Money, Commercial Foreign Exchange, Outsourcing, Travelers' Cheques, and Other Operations. The Retail Travel Money segment sells and purchases banknotes, travelers' cheques, and other foreign exchange and travel-related products and services to business and leisure purposes travelers. It includes operations in airports, tourist locations, and on board international ferry services. The Commercial Foreign Exchange segment includes international funds transfer services and foreign exchange risk solutions for commercial and ...
London, WC2B 6TD
Founded in 2000
44 20 7400 4000
44 20 7400 4001
Key Executives for Travelex Limited (United Kingdom)
Western Regional Director and Head of Houston Area Office - Woodlands
Head of Corporate Outsourcing for North America
Vice President of Currency Select (TM) Sales - North America
Compensation as of Fiscal Year 2012.
Travelex Limited (United Kingdom) Key Developments
Travelex Announces Unaudited Group Results for the Full Year 2012
Mar 26 13
Travelex announced unaudited group results for the full year 2012. For the year, the company reported revenue of £630.4 million against £583.1 million a year ago. EBITDA was £70.3 million against £62.5 million a year ago. Significant revenue growth, with positive performance across all geographic regions with Americas up 16%, Asia Pacific up 8%, Middle East and Africa performing strongly, up 66% and UK and Europe up 2%. Statutory loss after tax was £136.0 million against statutory profit after tax of £377.6 million a year ago.
Travelex Reports Unaudited Group Earnings Results for the Six Months Ended June 30, 2012
Aug 7 12
Travelex reported unaudited group earnings results for the six months ended June 30, 2012. The company announced a further boost to sales and profits driven by network expansion and rapid online growth. Like-for-like revenues were up 6%, with total group revenues up 9% to £292.4 million against £268.8 million last year. EBITDA was up 8% to £21.3 million against £19.7 million last year. Revenues have grown in all regions driven by continued investment to extend the network of stores and ATMs and develop online and mobile offering, giving customers greater choice and value for their foreign exchange needs.
Thomas Cook Reportedly In Talks With Travelex To Sell Forex Business
Oct 20 11
Thomas Cook India Limited is in discussions with Travelex Limited to sell its foreign-exchange business in India, the Financial Express reported, citing two people familiar with the development. The report said that Travelex is presently conducting a due diligence and the business maybe sold on a slump-sale basis. Thomas Cook India Managing Director said he isn't allowed to comment on market speculation, according to the report.
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