High-profile stars boost The O2 to record profit

London’s The O2 made a record pre-tax profit of £64.9 million (€74.8m) last year, bolstered by shows with stars such as The Killers, Olivia Rodrigo, Paul McCartney and Peter Kay.

Accounts lodged with Companies House by Ansco Finance showed the 20,000-cap UK arena – which reported profits of £58.4m in 2023 – also posted record revenue and EBITDA for for the year ending 31 December 2024.

Turnover jumped to £130m compared to £122.3m in 2023, while gross profit rose to £91.6m (2023: £86.3m) and operating profit increased to £57.8m (2023: £54.4m).

“2024’s event diary saw a continued strong content mix with a diverse range of high-profile artists including The Killers, Olivia
Rodrigo and Paul McCartney,” reads the document. “Once again the comedy offering was underpinned by the continuation of Peter Kay’s monthly residency…

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