Glastonbury Ltd posts £35m revenue for 2013 - but less than £1m in pre-tax profit
Glastonbury Festivals Ltd has posted a pre-tax profit of £764,000 on sales of £35 million in 2013.
The Michael Eavis-owned company behind the iconic festival saw £2.6 million in costs go to other companies owned by Eavis and his family, the Guardian reports. The costs include compensation payments for loss of farming earnings, land rent, stage hire, staff costs and management fees.
The company also made charitable donations worth £348,000.
Reports filed at Companies House this week show that Glastonbury ...
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