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Solid figures from First Choice

(24 October 2003)

FIRST Choice said UK revenues for the summer period were 5% up on last year in a City update that confirmed trading was in line with expectations.

Following the war in Iraq, the company said demand for the summer came back strongly with healthy margins.

It said the booking pattern for this winter was similar to 2002/03 with customers booking later, a trend which it sees becoming a feature of the industry.

Demand for the first half of winter is strong, with increased margins and fewer holidays left to sell than last year, it said.

The company is due to announce its full year results on December 9.