Sir Cameron Mackintosh's West End theatre group has enjoyed a significant boost, with revenues nearing the £200m mark due in part to the enduring appeal of shows like Les Miserables, Mamma Mia and Hamilton. The firm's turnover rose to £199.1m for the year ending on 31 March, 2024, a substantial increase from the previous year's £185.8m.
Despite this, pre-tax profits experienced a slight decline, dipping from £45.4m to £43.2m. The group, which also owns eight prestigious West End theatres, has reported robust demand with its productions performing not just domestically but also across North America, Australasia, Europe, and Asia.
In addition, the theatrical arm of the group posted an uptick in turnover to £71.5m from £66.1m the year before, with pre-tax profits also increasing marginally from £15.2m to £16.5m. Sir Cameron leads the company as chairman, alongside managing director Alan Finch, as reported by .
Their portfolio of London venues boasts the renowned Gielgud, Noël Coward, Novello, Sondheim, Prince Edward, Prince of Wales, Victoria Palace, and Wyndham's theatres. A statement from the board expresses a highly optimistic outlook, noting: "The future of all areas of the business is expected to be extremely strong."
It further highlights that "All key titles owned by the company are proving to be more in demand than ever and many productions are planned for the next few years."
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