I am pleased to report on the Group’s trading for the year ended 31 March 2012. Turnover grew by 26% to £683m (2011: £543m) and profit before tax amounted to £28.1m (2011: £26.2m). Earnings per share increased 31% to 16.01p (2011: 12.20p).
Business & Financial Review
The Group’s financial performance for the year to 31 March 2012 is reported in line with International Financial Reporting Standards (“IFRS”), as adopted by the EU, which were effective at 31 March 2012.
Overall Group turnover increased by 26% to £683m (2011: £543m), with growth in all segments, including a 140% rise in Package Holiday revenues.
including the Consolidated Group Income Statement, Consolidated Group Balance Sheet, and Consolidated Group Cash Flow Statement