The National Stud posts operational profit for ninth consecutive year

The National Stud, the Jockey Club’s thoroughbred breeding and educational arm, has posted operating profit for the ninth consecutive year, according to a report released by the Jockey Club.

The stud generated £2,500,000 in revenue across a range of services, including standing the stallions Gregorian, Marcel and Toronado in partnership with a range of clients, boarding, foaling and spelling.

In total £300,000 of 2016’s annual turnover returned as profit, a slight decrease on the £500,000 profit generated in 2015.

The National Stud sold five yearlings during Tattersalls’ October Yearling Sale, with its most expensive offering coming during Book 3, with Charlie Gordon-Watson parting with 60,000gns for the Havana Gold colt out of Inner Sea.

The stud’s commercial success in 2016 comes in spite of a period of closure earlier in the year due the presence of neurological herpes in a maiden mare at the operation’s isolation unit.