Musical theatre company, which runs eight venues in London, said healthy boost in revenues was offset

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The producer of hit West End shows including Hamilton, Mary Poppins and Les Misérables saw profits dip last year as cost increases more than offset a boost in revenues.

Cameron Mackintosh’s eponymous company, which runs eight venues in the West End of London including the Noël Coward and Prince of Wales theatres, reported a drop in profits from £45.4m to £43.2m for the year to the end of March 2024.