Timpson’s retail photo businesses returning to normal

GaryPageau
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Family-owned conglomerate Timpson reported profits surged, according to Business Live in the United Kingdom. Timpson brands include photo stores Max Spielmann and Snappy Snaps. The Manchester-headquartered company’s pre-tax profits totaled £40.64 million in the 53 weeks to October 1, 2022, up from £24.53 million in the year before.

The business also achieved a turnover of £297.4m, up from £212.2m over the same period.”Our photo business, Max Spielmann and Snappy Snaps, have also seen the benefits of life returning to normal,” the company said in a statement. “The weddings, parties, and holidays have produced many more pictures to print and the return of overseas travel has led to record sales of passport photos.”

In other Max Spielmann news, the company released a graphic illustrating how social media and smartphones changed photography: