Formate Customer Reports Record Profits


13th April 2015 

Shearings Holidays annual revenue exceeds £200 million 

The first annual financial results since a management buyout last year at Shearings Holidays show record earnings in excess of £7 million which represents a 22 per cent year on year increase. For the first time in their 100+ year history, revenues now exceed £200 million.

Denis Wormwell (Group chief executive) said: “This was a truly transformational year for the group with a successful capital restructuring and the third successive year of improved financial results,"

Shearings have developed the implementation of Formate output management software from Document Genetics to improve a previously expensive and manually intensive process for the production of customer ticket/information packs to a cost effective and automated system that now produces customised ticket and information packs directly from the online reservation system.

Please click HERE to download or view a PDF version of the Shearings Holidays case study.