Ascot Racecourse today announces its financial results for the 12 months ending December 31, 2017.
Ascot Authority (Holdings) Limited (AAHL) reported a pre-tax profit of £6.2 million.
- Pre-tax profits rise from £5.1m to £6.2m
- Prudent balance sheet management – net debt reduced by £11.9m ahead of schedule to under £60m
- Increase in Capital Investment and 2018 Prize money