{"id":745705,"date":"2026-08-22T02:16:12","date_gmt":"2026-08-22T02:16:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/745705\/"},"modified":"2026-08-22T02:16:12","modified_gmt":"2026-08-22T02:16:12","slug":"jamie-and-jools-oliver-pay-themselves-1-5m-dividend-as-profits-almost-halve-jamie-oliver","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/745705\/","title":{"rendered":"Jamie and Jools Oliver pay themselves \u00a31.5m dividend as profits almost halve | Jamie Oliver"},"content":{"rendered":"<p class=\"dcr-1s160rg\">Jamie and <a href=\"https:\/\/www.theguardian.com\/lifeandstyle\/jools-oliver\" data-link-name=\"in body link\" data-component=\"auto-linked-tag\" rel=\"nofollow noopener\" target=\"_blank\">Jools Oliver<\/a> have paid themselves a \u00a31.5m dividend \u2013 more than 40% down on last year \u2013 after profits at their cookery and media empire almost halved.<\/p>\n<p class=\"dcr-1s160rg\">Sales at <a href=\"https:\/\/www.theguardian.com\/food\/jamie-oliver\" data-link-name=\"in body link\" data-component=\"auto-linked-tag\" rel=\"nofollow noopener\" target=\"_blank\">Jamie Oliver<\/a> Holdings remained broadly steady at \u00a328.4m in 2025, \u00a3160,000 less than in the previous year, as a strong performance at the group\u2019s own restaurants, franchise business, cookery schools and TV productions offset a decline in royalties, licensing and endorsements.<\/p>\n<p class=\"dcr-1s160rg\">\u201cWe have delivered new Jamie Oliver titles in both book and TV formats during the year and there has been a continued strong performance from back catalogue book titles and our international television content distribution,\u201d accounts filed at Companies House said.<\/p>\n<p class=\"dcr-1s160rg\">The Eat Yourself Healthy cookbook was a No 1 global bestseller, selling nearly 70,000 copies in its first week, making it one of Jamie\u2019s fastest-selling books.<\/p>\n<p class=\"dcr-1s160rg\">However, pre-tax profits at the group, which became a <a href=\"https:\/\/www.theguardian.com\/food\/2019\/aug\/23\/jamie-oliver-to-create-ethical-b-corp-from-remnants-of-his-empire\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">certified B Corp in 2019<\/a>, slumped to \u00a31.25m, from \u00a32.4m a year before, after \u00a31.46m of exceptional costs related to a business restructure in which about 20 jobs were lost from the Olivers\u2019 media team. Profits were also affected by pre-opening costs on a new cookery school in John Lewis\u2019s Oxford Street outlet in London.<\/p>\n<p class=\"dcr-1s160rg\">Sales at owned and operated restaurants rose 17% to \u00a34.3m and sales via the mainly overseas franchise restaurants, such as Jamie Oliver\u2019s Deli and Jamie Oliver Kitchen, rose 6.5% to \u00a34m. Cookery school income soared 48% to \u00a31.6m. The group opened Jamie Oliver Catherine Street, his return to the UK restaurant scene with a menu focused on British produce, in 2023.<\/p>\n<p><a data-ignore=\"global-link-styling\" href=\"#EmailSignup-skip-link-6\" class=\"dcr-76akua\">skip past newsletter promotion<\/a>Free newsletter | Every weekday<\/p>\n<p class=\"dcr-vf9hps\">Sign up to Business Today<\/p>\n<p class=\"dcr-1r7my33\">Get set for the working day \u2013 we&#8217;ll point you to all the business news and analysis you need every morning<\/p>\n<p><img src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/06\/500.jpg\" alt=\"\" loading=\"lazy\" decoding=\"async\" class=\"dcr-xiq31o\"\/><\/p>\n<p id=\"EmailSignup-skip-link-6\" tabindex=\"0\" aria-label=\"after newsletter promotion\" role=\"note\" class=\"dcr-76akua\">after newsletter promotion<\/p>\n<p class=\"dcr-1s160rg\">This March, Oliver also opened a <a href=\"https:\/\/www.theguardian.com\/food\/2026\/may\/03\/jamies-italian-reopens-jamie-oliver-london\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">new Jamie\u2019s Italian<\/a> in London\u2019s Leicester Square, backed by the Prezzo owner Brava Hospitality Group, seven years after the chain collapsed. The original chain <a href=\"https:\/\/www.theguardian.com\/food\/2019\/may\/21\/jamie-oliver-jobs-administrators-restaurants-jamies-italian\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">called in administrators<\/a> in 2019, leaving \u00a383m of debt and causing 1,000 job losses.<\/p>\n<p class=\"dcr-1s160rg\">Brava\u2019s backers have suggested there could be scope for up to 40 more of the new restaurants in the UK, and one more is planned this year if the right site can be secured.<\/p>\n<p class=\"dcr-1s160rg\">A spokesperson for Oliver said 10 new franchise restaurants under his name were planned to open this year around the world, including one just opened in Abu Dhabi after openings in Bahrain and India.<\/p>\n<p class=\"dcr-1s160rg\">However, royalties, licensing and endorsement income \u2013 which is by far the biggest part of the Oliver business and includes a Tefal pan range \u2013 slid by close to \u00a32m to \u00a315.9m. It was the second year of sliding income from this angle for Oliver, after a major deal with Tesco in 2023 ended in 2024.<\/p>\n<p class=\"dcr-1s160rg\">This year, Oliver has launched a social media \u201cmicro drama\u201d involving short episodes of a \u201ccomedy drama\u201d to promote the Life360 family tracking app.<\/p>\n","protected":false},"excerpt":{"rendered":"Jamie and Jools Oliver have paid themselves a \u00a31.5m dividend \u2013 more than 40% down on last year&hellip;\n","protected":false},"author":2,"featured_media":745706,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[84,59,56,54,55],"class_list":["post-745705","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-gb","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/745705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=745705"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/745705\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/745706"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=745705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=745705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=745705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}