Friday 22nd April 2016
Shearings Toast Record Profits
A strong demand for UK holidays has seen Wigan based, Shearings Holidays, toast record profits.
The specialist operator of escorted tours and leisure hotels achieved a 30 per cent increase in profits to £9.1m, up from £7m in the previous year.
One of the UK's most popular coach holiday operators carried 1.1 million in the 12 months upto December 2015, 2 per cent up on the same period the year before.
Shearings said strong demand for its UK holidays, together with margin improvements and operating cost reductions, contributed to the record performance.
We reported previously of an investment in Mercedes Benz Euro 6 coaches with 46 of those due from this month.
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