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Jamie Oliver's company profits dropped to £3.1M in 2024 despite higher sales, due to economic pressures and contract cycles.
Jamie Oliver’s business empire saw pre-tax profits fall from £3.5 million to £3.1 million in 2024 despite higher turnover of £28.5 million, attributed to cyclical contract patterns and economic pressures.
The company, which includes TV shows, cookbooks, a cookery school, a Tesco partnership, and a Covent Garden restaurant, reported a combined £2.5 million dividend for Jamie and Jools Oliver, down from £4.5 million the prior year.
Management cited shifting consumer confidence and ongoing efforts to secure stable revenue through diverse long-term contracts in the UK and abroad, while maintaining strict cash and spending controls.
Las ganancias de la compañía de Jamie Oliver cayeron a £3.1M en 2024 a pesar de las mayores ventas, debido a las presiones económicas y los ciclos de contratos.