The German tour operator Alltours was able to increase its Ebitda by 21 percent to 74 million euros in the recently completed 2022/23 financial year. Sales were seven percent higher than in the previous period. In total there were around two million guests.
The strongest growth targets for Alltours last winter 2022/23 were the Canary Islands and Egypt. Last summer, the company recorded the most significant increases for Turkey and Greece. The volumes begin in holiday destinations in Spain were able to build on the previous year. A flatter growth curve characterizes long-distance travel due to increased flight prices and the weaker euro.
“Despite a difficult economic environment characterized by inflation and consumer restraint, we can look back on a successful financial year,” explains Willi Verhuven, owner and managing partner of the Alltours group. “We have already exceeded the pre-Corona level in the 2021/22 financial year and were able to continue our growth path in 2022/23.” Overall, we are extremely profitable – with an equity ratio of well over 60 percent, which is above average in the industry. “Thanks to our very efficient way of working, we were able to absorb a large part of last year’s cost increases and thus keep prices for our customers relatively stable compared to the industry average,” says Verhuven.
For the coming year, it expects demand to remain constant. This also argues that many want to get out of everyday life because of the multiple crises. “This trend will continue in the coming year given the forecast positive development of private consumption and falling inflation,” said the Alltours boss.
For the current period, Alltours expects growth of 3 percent in guest numbers and 6 percent in sales despite the global crises. “After the relatively high price increases last year, only moderate price increases of 3 to 4 percent are to be expected this financial year,” says Verhuven.
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