Holiday park operator Parkdean Holidays has announced strong preliminary results for the year ending 31 October 2004.

Turnover – including £3.23m from acquisitions – has increased to £60.38m from a 2003 figure of £59.91m while operating profit increased to £12.87m, despite absorbing winter losses for two of its sites – White Acres and Sea Acres – and a head office move and expansion.

Like for like operating profit grew by 10.2 per cent over 2003 while pre-tax profit increased to £9.05m.

John Waterworth, chief executive, said: “The estate has continued to perform well as we reap the benefits of continued investment in our parks.

“Parkdean has a clear strategy which will continue to deliver shareholder value – organic growth driven by investment opportunities in our existing parks coupled with selective acquisitions to complement our current estate.”

Parkdean owns 20 parks in Scotland, Wales, south west England and East Anglia.