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Sandra Halliday Published January 2, 2025 Reading time
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Barbour improves profits despite lower revenue

By

Sandra Halliday Published
January 2, 2025

J Barbour & Sons’ accounts for the year to the end of April show falling revenues at the business after it had enjoyed a strong increase in the previous year. But the company’s profit improved, a turnaround from the last year when revenue had jumped but profits had fallen.

So let's look at the numbers. Turnover was £321.79 million, down from £343.1 million last time. The 2023 financial year had seen a sharp increase from £286.5 million in 2022.

Meanwhile, the latest year’s operating profit of £39.56 million was actually higher than the £34.3 million of a year ago. And profit before tax was also up at £45.84 million after £36.3 million in the previous 12-month period. And net profit was £34.28 million, up from £33.8 million.