Kew Gardens retail sales rise

RBG Kew Enterprises has reported a record profit of £2.0m, 18 per cent up on last year.

Royal Botanical Gardens, Kew
Royal Botanical Gardens, Kew
Retailing sales were £3.3m up from £2.8m, with commercial development such as concerts at £5.4m, up from £5.2m.

Kew's annual report for the year to 31 March said:

"The biggest year-on-year growth came from commercial events with both Christmas at Kew (which sold 173,000 tickets) and Kew the Music both excelling. Retail at both Wakehurst and Kew Gardens also performed strongly with total sales exceeding £3m for the first time.

"Venue hire and the Kew Explorer also did very well, with both exceeding budget."

Overall, RBG Kew has delivered an operating surplus (£0.3m surplus on the unrestricted general other reserve in 2015/16 as compared with £0.6m deficit in 2014/15).

There were 1.56m visitors to Kew and Wakehirst Place. Self-generated income (excluding Defra funding and funding from the Kew Foundation) was £22.2m in 2015/16.

See full report in Horticulture Week next issue.

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