All Leisure saw losses widen in what the cruise operator called a 'challenging' six months.

The group's pre-tax loss increased to £4.48m in the half year ended 30 April compared with £1.13m last time. Revenues fell slightly to £32.38m from £34.61m previously. The interim dividend is up by 7% to 0.64p per share.

Executive chairman Roger Allard said: "It has been another challenging six months for the group, with the positive news of the purchase of mv Alexander von Humboldt balanced by the significant cost of the travel disruption caused by the recent volcanic eruption."

"Most pleasingly, the group's core businesses have continued to trade in line with management's expectations and we feel sufficiently confident to propose a modest increase in the interim dividend."

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