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Birmingham Post
Birmingham Post
Business
Jon Robinson

Travel Counsellors slashes losses as revenue passes pre-pandemic heights

Travel Counsellors slashed its losses by more than half during its latest financial year after its revenue surged by almost £300m.

The Manchester-headquartered company has posted pre-tax losses of £26.1m for the 12 months to October 31, 2022, compared to £56.1m in the prior year.

Its revenue also jumped from £68.1m to £347.8m thanks to the lifting of Covid-19 restrictions. Its total transaction value (TTV) also increased from £174.6m to £719.4m.

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