Healthy Trading at Lochs & Glens

The HeraldNovember 19, 2004

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Summary


ONE of Scotland's biggest independent tour operators has again reported bullish trading, following a management reorganisation which saw the company pay a hefty (pounds) 3.5m dividend.

Dunbartonshire-based MF Wells (Hotels), which trades as Lochs & Glens Holidays, posted pre-tax profits of (pounds) 2.31m in its latest financial year, up from (pounds) 1.73m in 2003. Revenues rose from (pounds) 13.7m to (pounds) 14.6m in the year to March 31.

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Extract


Healthy Trading at Lochs & Glens

A family-run company founded in 1979, Lochs & Gle...

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