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Intrepid MD hails trade relationship after third record breaking year

Operators
James Chapple
16 January 2019

Intrepid Group is celebrating three consecutive years’ record growth after this week posting full-year revenue for 2018 just shy of AUS $400 million.

'Sustainable travel doesn't have to be expensive'

The group’s 17% revenue growth helped boost ebit (earnings before interest and taxes) to almost $15 million following a 25% increase in underlying profitability.


Speaking exclusively to TTG on Monday (January 14), managing director James Thornton described the operator’s growth as a “huge achievement”.


“It’s our third record year in a row after we returned to private ownership in 2015,” said Thornton. “More and more people want purpose-driven travel.


“We became travel’s largest B Corp-certified company last year, recognising our efforts to look beyond the bottom line. It’s proved we can be successful as a purpose-led company.”