Triumph Motorcycles owner revs up with £6m windfall
Profits a Leicestershire-based Triump Motorcycles have dropped by more than 60%, according to newly-filed accounts.
Profits fell from £24.7m to £9m for the year-ending June 30.
Meanwhile, the Daily Mail reports that Triumph owner John Bloor paid himself a £6m dividend from the business. Bloor is the sole shareholder of Bloor Investments. He rescued Triumph from bankruptcy in the 1980s.
Profits at Bloor Investments stood at £188m.
Triumph employs nearly 2,400 people.... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...