Brompton Bicycle has experienced a dramatic drop in profit before tax, falling from £10.7 million to just £4,602 in the last fiscal year.
Despite a difficult year with a 5.3% decline in sales, exporting accounted for 80% of Brompton's turnover, showing strong international demand for its bikes.
The company aims to relocate to a new factory by 2027, which will support growth and local regeneration, reflecting its long-term strategic vision.
In early 2024, Brompton raised £19 million from BGF, valuing the business at £200 million and underscoring investor confidence amid challenging conditions.
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