5 January 2009
PRESS RELEASE
Another successful year for Llama Travel
Llama Travel completed its 6th full year of operation on 30 September 2008.
Audited accounts confirm Llama Travel’s preliminary figures showing that the company’s sales grew by 10% compared to 2007, and that the company again achieved an excellent financial performance.
Luca Newbold, Director, said “I would like to thank everyone in the UK and in South America for their hard work during the year. We have achieved an excellent result in terms of sales, customer satisfaction and profitability.
“Looking forward, the economic environment in the UK is expected to make life difficult for all travel companies throughout 2009, and quite possibly into 2010. Fortunately, we have built up a very strong financial position, so that Llama Travel is able to compete aggressively in what we expect to be a very tight market. We will continue with our approach of cautiously expanding our product range.”
Highlights
- Sales in 2008 exceed £5 million for the first time.
- Sales growth of 10% on 2007; the company has grown in size every year since it started in 2002.
- Strong profit performance. Profit before tax exceeds 5% of sales for the 6th year in a row.
- Llama Travel’s cautious approach of putting money away in the good years to build up reserves places the company in a very strong financial position.
- Llama Travel has no debts, nor any need to borrow money
For further information, please contact Luca Newbold on 020 7281 9689.
Note: Llama Travel is a leading specialist operator of holidays to Peru, Ecuador & the Galapagos Islands and other South American countries. It was started in 2002 by Charles Newbold, former Managing Director of Thomson Holidays, and Luca Newbold, who spent four years living in Peru and travelling throughout South America.
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Llama Travel Limited, Oxford House, 49A Oxford Road, London N4 3EY |
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