JT Group today publishes its Annual Review for 2015, showing a 26% increase in turnover on the previous year, driven mainly by the growth of the business outside of the Channel Islands.
2015 was a strong year which saw an increase on the previous year in both overall revenue and gross profit, enabling JT to deliver a healthy dividend back to its ultimate owners, the people of Jersey. Gross profit increased by 3% (to £90.1m), and the dividend paid to the States of Jersey increased by more than 250% from £1.6m to £4.1m.
The year saw considerable improvement in feedback from JT customers, as measured by both CICRA and JT’s own surveys. It was also the year when JT supported major community events, such as the 16th NatWest Island Games by providing extensive free Wi-Fi access, free SIM cards for every competitor visiting the Island, and creating fibre-optic broadband infrastructure in Howard Davis Park ready for future events.