The holding company for hospitality outlets such as Hogan’s pub, L’Gueuleton restaurant and Kelly’s on South Great George’s Street in Dublin’s city centre increased turnover during the year by 6.8% to €9.1 million from €8.6. million the previous year.
According to the Directors report & financial statements lodged with the Companies Registration Office, Operating Profits were also up 30% to €1.95 million from €1.50 million.
Staff costs rose 5.7% from €2.4 million to €2.5 million for the company’s average of 111 staff (comprising 100 sales staff plus 11 management staff and including the directors Declan O’Regan, Maeve O’Meara and Jacob Koshy Kalaparampil). This was up on the previous year’s staff average of 95.
Directors’ remuneration also rose 80% to €304,100 from €169,022 the previous year.