Intrepid has posted some big gains in 2019, reporting 21% growth in Total Transaction Value (TTV), with the B Corp certified travel company turning over AUD$488-million.
As well, the multi-brand company delivered an EBIT result of AUD$22.6-million, a 56% growth in profitability. This is the fourth consecutive year of record growth in revenue and operating profit for Intrepid Group.
Headquartered in Melbourne, Intrepid Group has more than 2,300 staff and leaders. More than AUD$4.5-million will be paid out to staff in bonuses.
Intrepid Group CEO James Thornton says the company’s growth is driven by the increasing global demand for sustainable and locally immersive travel experiences.
Said Thornton: “It’s fantastic to achieve strong double-digit growth again in 2019. But this year’s results are also hugely significant to our team, because just four years ago this kind of growth seemed like an impossible dream.”
The 2019 results mark the successful completion of a four-year strategy that was developed by Intrepid after the company split from TUI Plc to become an independently owned business with a “purpose beyond profit.”
Go to www.intrepidgroup.travel for more.