Novaturo’s net profit in the first quarter of the year was 2.26 million. euros
The company has updated its financial forecast: 2023 3-5 million was announced at the beginning of the year. EBITDA is adjusted to 4-6 million euros. forecasts in euros.
“The strong first quarter results provide a solid basis for forecasting further results. Currently, we have sold more than 56 percent of all programs this year, and winter travel advance sales are almost three times higher than based on the good performance of the first three months, we have revised and improved the group’s annual financial forecasts.
We expect EUR 4-6 million EBITDA and EUR 2-4 million. net profit of EUR. We plan to secure this increase by offering customers a balanced program, a wide range of orientations and continuing to manage costs effectively, which we also managed to achieve in the first quarter,” says Vitalij Rakovski, Group Director. Novaturo.
The report indicates that the good results of the first quarter are due to the rapid response to the needs of travelers, as clarified by the diversification of travel destinations. During the first quarter, a total of 38.1 thousand people were served. travelers – 4.6 percent. more than in 2022 In addition, the company records an increase in sales in the first quarter of this year in its e. in the commercial circuit. The number of sales increased by more than 16% compared to the same period last year. We are preparing to launch an updated website.
In addition, in the first quarter, the company consolidated part of the flights with other market players, recording a strong increase in the offer to Egypt. This made it possible to manage the risks associated with filling the seats and resulted in good profitability indicators.
Source: The Delfi
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