Mills to invest in future with XL millions
Martin Mills has said that the dividend received by Beggars from XL’s record 2011 financials will go towards investment in the future of the group.
As reported yesterday, monumental sales of Adele's 21 pushed profits at indie record label XL to a massive £41.7m in 2011.
Company filings showed that XL’s bank balance climbed from £3m to £32m during the year as a result.
XL paid $27.3 million in dividends for its success, split between co-founder Richard Russell and ...
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