BBC Worldwide Annual Review

BBC Worldwide Ltd has today published its Annual Review for 2005/06 and announced record profits of £89.4m for 2005/06, a year on year increase of 62%, and sales up by 11% to £784.4m.

The increase in overall profits was achieved by a combination of trading and efficiency improvements across the business and by selling, closing or turning around loss-making operations.

In 2003/04 the company produced a profit of £37m. In 2004/05 this rose 50% to £55m. This year it exceeds £89m - a 144% increase from two years ago and 62% up on last year. Across the business the return on sales was 10% in the year and the EBITDA margin was 22%.

The underlying profit, excluding one-offs, disposals, restructuring and legal costs, is £92.1m, up from £53.3m in 2004/05, and an increase of 73% in the year. This figure has also doubled over two years.

For more information, see the online Annual Review 2005/06.

read archive stories