Fundsmith has reported profits for the year ended 31 March 2021 rose to £57.7m, up from £48.5m the previous year. In its group of companies' accounts posted on Companies House on 29 December 2021, Fundsmith reported that turnover climbed to £279.3m during the year, having reached £228.4m in 2020. The filing also revealed that of its nine members in the reporting period, the Fundsmith member with the largest entitlement received £35.7m in remuneration, compared to £29.7m in the previous year. Terry Smith, who has been chief executive of Fundsmith since he founded the firm in 2010, i...
To continue reading this article...
Join International Investment
Signup and gain exclusive members-only insights
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes
