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Companies => Off-the-shelf companies => Gray Nicolls => Topic started by: thebigginge on January 04, 2011, 10:58:06 AM

Title: Gray - Nics Daily Telegraph Article
Post by: thebigginge on January 04, 2011, 10:58:06 AM

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Images onlyhttp://www.telegraph.co.uk/finance/newsbysector/industry/8224040/How-Gray-Nicolls-bats-are-made.html

Articlehttp://www.telegraph.co.uk/finance/newsbysector/industry/8222896/Batmaker-Gray-Nicolls-goes-to-the-crease-in-the-Ashes.html

Title: Re: Gray - Nics Daily Telegraph Article
Post by: Buzz on January 04, 2011, 11:07:21 AM

Despite its dominance of the rugby ball market and sizeable chunks of the cricket and hockey sectors, Gray-Nicolls had just £16.7m of revenues in 2009 and pre-tax profits were £780,000.

that is pretty small given the size of the business/brand - doesn't look like anyone will be a millionaire batmaker...!

Title: Re: Gray - Nics Daily Telegraph Article
Post by: iand123 on January 04, 2011, 12:04:54 PM

780k profits are a pretty decent for what is a fairly small company in terms of number of employees. would be interesting to see how much of that profit is cricket though which i guess backs up your point!