Losses rise at Leeds travel group as marketing gamble hits profits
A Leeds-headquartered travel comparison group has plunged further into the red after a year of falling turnover, squeezed margins and a major shift in its marketing strategy.
Ice Travel Group, which operates Icelolly.com and TravelSupermarket.com, reported a pre-tax loss of £1.55m for the year ended 31 December 2025, against a loss of £189,000 a year earlier.
Turnover fell 6.7 per cent to £17.93m from £19.21m, while EBITDA before exceptional costs almost halved to £1.92m from £3.51m.
The group, led by CEO Richard Singer... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
