The Brighton Pier (GB:PIER) has released an update.
The Brighton Pier Group PLC, which operates leisure attractions including Brighton Palace Pier and several bars and mini-golf sites, faced a challenging financial year due to cost of living pressures and external disruptions. The group reported a revenue of £34.8 million and a loss before taxation of £8.8 million for the 12 months ending on 24 December 2023. Despite these setbacks, the sale of loss-making sites and the anticipated trading in line with market expectations for 2024 offer a glimpse of stabilization for the company.
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