25 June 2024 - trading update

At the AGM today the company has provided a trading update covering the period from 1 February to 24 June.  Overall, the company has traded in line with expectations with the Ocean and River Cruise businesses having made an exceptional start to the year.  Travel bookings are also ahead of last year.  However, the insurance operations are finding trade more difficult and the group is taking action to stabilise this. This is an encouraging statement and we maintain our recommendation of BUY

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