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\nFinancial statements for Jamie Oliver Holdings (JOH) indicate that pre-tax earnings fell from \u00a33.4 million to \u00a32.4 million in 2024, despite a 6% increase in revenues to \u00a328.6 million. The outcomes illustrate a varied year for the celebrity chef\u2019s media and dining group, which experienced significant growth in hospitality counterbalanced by reduced revenue from media and brand partnerships.<\/p>\n
JOH includes Oliver\u2019s television and publishing activities, endorsements, culinary school, and restaurant businesses, in addition to licensing and franchise revenue from global Jamie\u2019s Italian and Jamie\u2019s Deli locations. The firm also manages his long-standing collaboration with Tesco, which came to an end last year, and royalties from branded merchandise.<\/p>\n
Income from restaurants surged notably, elevating to \u00a33.6 million from merely \u00a3336,000 the previous year, following the debut of Oliver\u2019s first directly managed restaurant since the failure of his UK Jamie\u2019s Italian chain in 2019<\/a>. Franchise revenue from international establishments also saw a slight rise to \u00a33.8 million. Nevertheless, royalties, endorsements, and television production income decreased by 10% to \u00a319.8 million, reflecting the conclusion of significant contracts in 2023.<\/p>\n The group, which obtained B Corp certification in 2019, was guided by chief executive Kevin Styles until December 2024. A successor has yet to be named, and the operation is currently managed by its executive board.<\/p>\n A representative stated the group intends to launch 12 new restaurants internationally this year, including its inaugural sites in Oman and Greece. They have also tripled the capacity of their culinary school through a new alliance with John Lewis, inaugurating its first in-store location on Oxford Street earlier this year.<\/p>\n Revenues at the culinary school remained steady at approximately \u00a31 million prior to the expansion. Meanwhile, Oliver\u2019s Ministry of Food foundation continues to impart culinary skills in more than 1,150 secondary schools across the UK.<\/p>\n The company reported a positive shift in trading during the latter half of the year despite \u201cdifficult\u201d circumstances for hospitality. The family’s dividend reflects their extensive portfolio of licensing and intellectual property undertakings, for which specific financial details are not publicly available.<\/p>\n