Dillon’s returns to profit

Pre-tax profits at Edward Dillon & Co Ltd rose to €1.34 million on a turnover down 6.9 per cent from €93.1 million to €86.7 million the 12 months to the end of September 2011 according to the company’s latest set of accounts filed with the Companies Office.

The wine and spirits supplier recorded a pre-tax loss of €1.5 million in the year to 31st September 2010.

In outsourcing its warehousing operations, the company reduced its workforce by 19 thus reducing payroll costs 12 per cent from €4.785 million to €4.209 million.