https://www.bdonline.co.uk/news/hollaway-studios-brompton-bikes-hq-on-hold-after-profits-collapse/5133620.article
Hollaway Studio’s plans to create a new headquarters and factory for Brompton Bikes on a 100-acre wetlands site near Ashford in Kent have been put on hold after the bicycle manufacturer saw profit last year virtually wiped out.
I've tried several times to understand this bit of the linked article, but I can't...
The firm said pre-tax profit fell to £4,602 in the year to March 2024 from £10.7m on turnover down 5% to £123m.
Turnover (IE revenue - sales) dropped by 5% but that translated to wiping out profits almost entirely, presumably as costs went up at the same time.
@Cupcakes started
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https://www.bdonline.co.uk/news/hollaway-studios-brompton-bikes-hq-on-hold-after-profits-collapse/5133620.article