TEL's turnover for the year to June 30, 2003 increased by 24 percent to £15.4million, from £11.7m in 2002.
Operating profit is also up 40 percent to £5.5m (£3.3m in 2002) and post tax profit is up 38 percent to £3.9m (£2.4m in 2002).
Comments Mike Potter, managing director of the Twickenham Experience Ltd: "Twickenham is the premier corporate hospitality invitation in British sport. We had substantial success in sales for the England matches against Australia, New Zealand and South Africa, with the Six Nations matches proving very popular as well. The TEL brand continues to go from strength to strength."
The positive financial growth comes as a result of improvements made to the quality of food, service and facility dC)cor and the conception of new hospitality packages on offer to clients. These improvements have lead to increased customer satisfaction levels with 93 percent of the 25,000 packages sold being rated as good and excellent.
The Twickenham Experience brand will be developed further throughout the forthcoming financial year by focusing on TEL as the only official Twickenham match day hospitality provider, and its positive contribution to England Rugby.
