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Oliver turns in a £7m profit for 2004(10 November 2005 11:38)Jamie Oliver's empire of cookery programmes, best-selling books and advertising deals has made him one of the UK's most successful entrepreneurs. The cheeky chef's company Sweet as Candy (Holdings) earned £7.17m in pre-tax profit in 2004. Sweet as Candy does not include Oliver's restaurant charity Fifteen. Oliver and his wife, Jools, received a £1.4m dividend pay-out, compared with £450,000 in 2003. They also received nearly £500,000 in salaries and pension contributions. Oliver's company also took out a £3.5m long-term bank loan, but his earnings are expected to outpace debts in 2005 after the success of his Jamie's School Dinners programme, which championed healthy meals in schools. Article continues below
Source: Caterer & Hotelkeeper |
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