Stanley Gibbons Group, which owns stamps and collectibles
specialist Stanley Gibbons, Fraser’s Autographs, US-based online collectibles
firm bidStart and Benham First Day Covers, has revealed that for the six months
to 30th June 2013 sales rose 17 percent to £17.2 million, up from £14.7 million
in 2012. The firms total online revenues were £1.2 million, up 16 percent on
the previous year, whilst revenue derived from outside of the UK represented 61
percent of total revenue in the period compared to 47 percent in 2012. Trading
profits reached £2.3 million for the half year, a 9 percent increase on the
previous year, while investment in the group’s online developments expensed to
the profit and loss account in the period of £0.56 million in comparison to
£0.13 million in 2012.
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