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Lavin’s Vit-Hit books 160k as expansion continues; Globoforce profits up €1m

26th November, 2017
Gary Lavin of Vit Hit

The company behind Vit Hit, the low-calorie soft drink company founded by Gary Lavin, made a profit of about €160,000 last year as it continued its expansion. The company had retained losses of €406,000 at the end of 2016, down from a figure of €666,000 for the year before.

This indicates a profit after tax of around €160,000. Lavin recently said the business, which is self-funded and has no debts, would record a profit of €2...

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