News

Bourne Leisure shareholders see dividend almost double

The dividend shared by the owner of Bourne Leisure, parent company of Butlins, Haven and Warner Leisure Hotels, almost doubled last year to £58 million.


The figure compares with £29 million paid out to shareholders the previous year, the Sunday Times reported, citing the private company’s latest accounts.


Bourne saw sales rise by 3% to £862 million in the year to December, while pre-tax profits were down slightly to £106.5 million.


The domestic holiday group, which employs 12,500 staff, also invested £107 million in improvements to its three Butlins holiday centres, caravan parks and hotels.


The company plans to spend a further £16 million on 117 new-style chalets at Butlins in Minehead in time for opening next April, the company revealed at last week’s Travel Convention.


The three brands all saw increased sales through the trade this summer.

Share article

View Comments

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.