Corporate report

Royal Mint Trading Fund: Annual Report and Accounts 2014 to 2015

Annual Report and Accounts of the Royal Mint Trading Fund.

Documents

Royal Mint Annual Report and Accounts 2014 to 2015 (print text file)

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Detail

The Royal Mint Trading Fund has announced its annual results for 2014-2015, reflecting the fact that Britain’s oldest manufacturer has enjoyed a successful year, generating £259.6m revenue (2013-14: £314.9m) and returning an operating profit of £12.2m (2013-14: £6.8m).

A key ministerial target to achieve 10% return on average capital employed was exceeded as the organisation achieved 17.0% ROACE, an increase on the previous year’s 10.2%, and all other ministerial targets were achieved.