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Tag: brighton pier group

Pier boss boosts backing for Brighton landmark

Brighton Pier
Brighton Pier Group chairman Luke Johnson has announced he will increase his holding in the investment company, which has managed the Grade II listed Brighton Palace pier since 2016, from 23.7 percent to 27 percent. The highly regarded businessman, who recently bolstered his attraction portfolio with the acquisition of Paradise Island Adventure Golf, will increase his stake by exercising almost...

Brighton Pier Group stays on course despite turbulent weather

brighton pier
Brighton Pier Group has positioned itself well for growth across the breadth of its operations through the continuation of its acquisition strategy. All this in spite of a difficult H2 2017 operational climate.   Interim results for the 26 weeks up to 24 December 2017 for the Brighton Pier Group showed that despite adverse weather conditions impacting results at its titular...

Gulzar throws his hat into the ring for Hastings Pier ownership

It could be a case of entrepreneur vs entrepreneur in the battle for Hastings Pier, after Sheikh Abid Gulzar joined Brighton’s Luke Johnson on the list of those expressing interest in acquiring it.   The future of Hastings’ troubled pier rests in the hands of those with amusements based interests - with the owner of neighbouring Eastbourne Pier the latest to...

Brighton rocketing: pier sees increasing revenues, profits and investment

Coinslot - science Brighton pier marathon
In the first full year since its takeover by hospitality entrepreneur Luke Johnson, the Brighton Pier Group has recorded impressive results with a 278 percent rise in profits and a near 40 percent increase in revenues.   The Brighton Pier Group has announced a pre-tax profit of £3.5m for the year ending 25 June 2017, a 278 per-cent rise on...

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