Jamie Oliver's profits fall by a third due to slower book sales

Jamie Oliver's main business sees its pre-tax profits fall more than 30 per cent due to a fall in income from book sales and its television production company

Jamie Oliver Holdings reported a 7.1 per cent fall in turnover to £32.8 million Photo: Rex

By Miranda Prynne, News Reporter

The Telegraph - 17 Aug 2014

Jamie Oliver’s company saw profits dropped by more than a third last year due to disappointing sales of his most recent cookery book.

The television chef and his wife Jools took home dividends totalling £1.2 million despite pre-tax profits falling from £9.8 million to £3.4 million in the 12 months to December.

Jamie Oliver Holdings, which incorporates most of the food campaigner’s many business ventures such as his cookery books, magazine and TV shows, also reported a 7.1 per cent fall in turnover to £32.8 million.

In its annual accounts the company revealed the chef’s most recent book, Save With Jamie, had not sold as well as previous publications and that income from the TV production company Fresh One had decreased.
More