Mail On Sunday reported that the tour operator is expected to say that a buoyant Spanish market, currency hedging and the strength of the euro for its continental clients have helped it through the year.

The newspaper quoted an industry source as saying: “It’s been a really difficult year for Thomas Cook.

“Tunisia is still effectively shut to British tourists, as is Sharm el Sheikh – though Thomas Cook does fly elsewhere in Egypt.

“Turkey, where it was market leader, has had repeated problems.”

Analysts predict the company will record sales of £7.9 billion in the year to September 30, up from £7.8 billion the previous year.

However pre-tax profits are expected to be £175 million before exceptional items, compared with £177 million the previous year.

Mail On Sunday reported that Cook is expected to have been protected from the pound’s drop as it hedges around 70% of its currency.