Profits at the portable bike company Brompton plunged 99% last year as the quirky bike maker warned of a “sad state of affairs” in the industry.
The bike maker faced a £7 million decline in revenues in 2024, while pre-tax profits were almost obliterated, falling from £10.95 million in 2023 to £4,602 last year. The decline in revenues was felt most acutely in continental Europe.
