Seasoned Events credits Olympics for profit rise

Catering and event company Seasoned Events has revealed it saw an almost 600% year-on-year leap in pre-tax profits to 拢553,000 in 2012.

Seasoned Events' catering at April's This is London exhibition launch
Seasoned Events' catering at April's This is London exhibition launch

The unaudited figure for last year compares with £81,000 in 2011. The London-based business said it was the best result since the pre-recession years as well as being higher than the pre-tax profits achieved in 2008.

Seasoned Events saw a decline in turnover last year to £5.5m, compared to £6.5m in 2011.

Colin Sayers, managing director at Seasoned Events, said: "We had a great 2012 which was partly due to the Olympics. Sales were lower than expected in the early part of the year; however we benefited from London 2012 with several lucrative contracts and events and our post-Olympic sales spiked to ensure that our sales were as high as they have been since 2008."
 
He said Seasoned catered for over 65,000 guests in 2012, adding: "We were still able to offer our clients what they wanted despite these challenging times."

Last month, Seasoned Events retained its position as a supplier to , Banqueting House and Royal Hospital Chelsea following an evaluation process.

Earlier this month, the company also catered at the VIP launch of the new exhibition at Tower Bridge.

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