Summary
CROWNED the king of London's West End, Andrew Lloyd Webber, the composer behind Phantom Of The Opera and the BBC TV show I'd Do Anything (pictured), staged an impressive performance in his latest annual results.
Profits at his Really Useful Holdings jumped back into the black topping [pounds]5m on sales of [pounds]163m. This was driven by strong performances at the Sound Of Music and Spamalot, but Lloyd Webber warned: 'The group faces competitive pressures from other theatre owning groups in London to attract and stage productions.' Really Useful suffered a one-off cost of [pounds]7m from a restructuring and refinancing that saw the sale of its ticketing business and the acquisition of the remaining 50pc stake in the theatre group.See the full content of this document
Extract
A Really Useful Set of Results
Chie...
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