Kuoni’s UK business has reported a 2% rise in turnover as improvements across its direct channels helped offset “pressure” on the travel agent business.
Turnover for the year up until the end of December 2013 hit £293m, as pre-tax losses were cut by 51.3% to £3.8m, according to accounts for Kuoni Travel Ltd recently published at Companies House.
“While there is growth in the direct channel, trade distribution remains a significant area of continued focus despite the continued consolidation within the UK trade,” the directors said in their strategic report.
