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Berkshire Hathaway’s Retail Revenue Jumps in 2015
Feb 28, 2016 8:37 AM
By Rapaport News
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RAPAPORT... Berkshire Hathaway reported retail revenue increased by
about $8.8 billion in 2015 on the back of acquisitions of the Van Tuyl
Group (now Berkshire Hathaway Automotive) and Detlev Louis Motorrad. The two businesses
together contributed $8.3 billion of revenue.
The holding company did not provide a total revenue
figure for the segment, which includes jewelry groups Ben Bridge Jeweler,
Borsheims and Helzberg Diamonds.
Revenue from the group’s service and retailing group combined
soared 64 percent to $23.47 billion. Berkshire Hathaway as a whole enjoyed an
8.3-percent revenue increase to $210.82 billion. Profit increased 21 percent to
$24.08 billion.
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Tags:
Ben Bridge Jeweler, Berkshire Hathaway, borsheims, Helzberg Diamonds, Rapaport News, results, retail
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