DRJB Holdings Sales and Profits Rise
Net income at David Beckham’s company increased 24% to $33.1 million last year, compared to $26.8 million in the previous year, on a 1% higher turnover of $92.3 million, up from $91.2 million, driven by Stella Artois and SharkNinja brand deals. Gross margin grew 220 basis points to 77.9%, while administration costs were slashed 16%, leveraging 580 b.p. to 29.4% of sales. DRJB is comprised of three divisions, the largest of which ... Log in to view full article.
