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Skyscanner reports sharp rise in turnover and profits

Date:2018-08-01 12:29Source: ReadingNumber: Times

Online travel search firm Skyscanner saw turnover and profits take off last year, according to its annual accounts.

The Edinburgh-based firm said revenues climbed from £158.3m in 2016 to £214.2m, while pre-tax profits were up by about £7m, at just over £24m.

Skyscanner reported that flight metasearch continued to be its largest revenue channel last year.

However, turnover from hotel, car hire and advertising products contributed 20% of revenue - up from 17% in 2016.

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