Pre-tax profits up at O’Briens Wines
However pre-tax profits rose 64 per cent to €964,789 from €589,202 on a turnover up slightly to €51.86 million from the previous year’s €51.69 million.
At the same time, sales costs rose one per cent from €38.68 million to €39.16 million.
Operating profits were up by 16 per cent from €1.11 million to €1.29 million.
The company reduced employment levels from 242 to 231 during the year and so employment costs came down five per cent from €5.89 million to €5.60 million.