Molloy Holdings’ €634k Operating Loss

The Molloy Group turned in an Operating Loss of €633,741 in the year to 31st January 2014 according to its latest set of accounts lodged with the Companies Office.

This follows a 2013 Operating Loss of €241,144.

This led to pre-tax losses of €789,461 compared to losses of €150,972 the previous year on a turnover that was slightly down from €20.5 million to €20.4 million.

During the year staff numbers were reduced to 114 from 124 which cost the company €2.89 million, down from 2013’s €2.96 million figure.