Ampersand reduces losses in 2016

Losses at FMCG company TDL Distributors, trading as Ampersand, were reduced from €209,066 to €45,266 in the year to 31st December 2016 according to the company’s abridged financial statement filed with the Companies Office recently.

During the year the company’s wages and salaries bill rose from €1.16 million to €1.24 million as the company reduced its directors from four to three.

Total staff at the company was thus reduced by one to 28 with Directors Emoluments and pension contributions totalling €336,048, down by nearly a quarter from 2015’s €434,650 figure.