Jamie and Jools Oliver have paid themselves a £1.7m dividend, which is more than 40% lower than the previous year. This follows a period where pre-tax profits at their cookery and media group almost halved.
Pre-tax profits for the group slumped to £1.25m in 2025, down from £2.4m a year earlier. This decline was attributed to £1.46m in exceptional costs related to a business restructure, which included approximately 20 job losses from the Olivers’ media team, and pre-opening costs for a new cookery school in John Lewis's Oxford Street outlet.
Despite the profit reduction, overall sales at Jamie Oliver Holdings remained broadly steady at £28.4m in 2025, a slight decrease of £160,000 from the previous year. Strong performances in the group’s own restaurants, franchise business, cookery schools, and TV productions helped to offset a decline in royalties, licensing, and endorsements.
Income from royalties, licensing, and endorsements, which represents the largest part of the Oliver business, decreased by nearly £2m to £15.9m. This marks the second consecutive year of declining income from this area, following the conclusion of a major deal with Tesco in 2024.