FTA CONFIDENT FOR 2012
26th April 2012, Page 6
26th April 2012
Page 6
Page 6, 26th April 2012
— FTA CONFIDENT FOR 2012
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The FTA also hit its targets for 2011 and says that despite having some tough early months it returned to growth in the second half. Income was flat at £23.6m, while operating surplus rose from £946,000 to £1.1m.
The FTA’s 2011 annual report does not give details on membership numbers, but chief executive Theo de Pencier says: “Numbers rose in the final quarter of 2011 giving us confidence as we enter 2012.” Income from membership fees was broadly flat at £3.7m, while income from commercial activities fell slightly to £19.8m from £19.9m a year ago.