Abta saw a healthy increase in its profits last year, despite a small reduction in membership numbers.
Abta's events and convention programme turned over almost £1 million last year; pictured: Abta chief executive Mark Tanzer
The association made a group surplus after tax of £3.4 million, up from £2.1 million in 2023. Within this, trade association activities made a profit of £344,000 compared with a loss of £228,000 the previous year.
The bulk of profits – £3.1 million – came from Abta’s insurance activities. Figures were also helped by an 8.5% increase in subscriptions, which brought in £6.6 million. Events and the annual convention brought turnover of £941,000.
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