Classic Collection parent company On the Beach is confident the B2B brand will return to profitability in the second half of 2025 despite a disappointing start to the financial year.
On the Beach is confident Classic Collection will return to profitability after a disappointing start to the year
In the six months to 31 March, Classic reported a £1.3 million operating loss, down from the £200,000 profit recorded the previous year, due to an increase in overheads following last year’s restructuring, which saw the company combine its two brands – Classic Collection Holidays and Classic Package Holidays – into a single trade-focused entity.
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