The financial outlook of The National Stud remained steady but promising as its results for 2011 were published today in the Jockey Club Annual Review: www.thejockeyclub.co.uk/annualreview2012.
The encouraging news that the Stud had made remained in the black for a three consecutive years was also reported in the Racing Post today (09/05/12) on page 19, pictured above. The outlook of the Stud has improved under the leadership of The Jockey Club; the success in attributed mainly to the development of new income streams such as the popular rest and recuperating yard for out of training racehorses and investment in its stallion roster which includes Bahamian Bounty, Cockney Rebel, Dick Turpin and Pastoral Pursuits.
Managing Director Brian O'Rourke commented: "I am delighted that the industry can see that we are starting to stand on our own two feet. Everyone who works at The National Stud has worked very hard to make it this far; there is still a great deal of work to do but we are making steps in the right direction. We are also very grateful to everyone at the Jockey Club for their support."