23-04-2025 08:33 via retailgazette.co.uk

Primark and Fortnum & Mason profits drive £32m payday for Weston family

Wittington Investments, the parent company behind Primark and Fortnum & Mason, has reported rising profits across its retail portfolio, defying tough economic conditions.
The Weston family-owned group paid out £154m in dividends in the year to 14 September 2024, up from £128m the year before, the Times reported. Around £32m of this was distributed among the family and non-family shareholders.
The majority of the group’s profits came from its 56.2% stake in Associated
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