Pound knocks Boosey profits
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.PRE-TAX PROFITS at Boosey & Hawkes slumped to pounds 1.25m from pounds 1.76m as the strong pound knocked 3 per cent off sales in the six months to 30 June, the instrument maker and music publisher said.
After the impact of sterling and excluding exceptionals - including an one-off pounds 1.08m charge relating to the reorganisation in May when the company bought out majority shareholder Carl Fischer - pre-tax profit would have risen by 14.7 per cent on the period a year ago, the company said.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments