Flahavan’s turnover increases but profits fall

Costs at porridge oats maker rose from €21.5 million to €22.8 million in 2019

Barry J Whyte

Chief Feature Writer @whytebarry
2nd June, 2020
Flahavan’s turnover increases but profits fall
John Flahavan, managing director of Flahavans, is the sixth generation of his family to run the business.

Flahavan’s, the family-owned porridge oats maker, grew its turnover in 2019 from €22.9 million to €24 million, but its profits fell from €1.3 million to €744,934, recently published accounts show.

Costs at the company, which mostly sells porridge oats but also sells flapjacks, muesli and granola, rose from €21.5 million to €22.8 million in the same period.

It meant that, along with accumulated profits and reserves, shareholders’ funds rose to €17 million.

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Interview with Pat Lucey of Aspira: ‘People who are curious about a job will learn a whole lot more than those who just want to get the job done’

A fairer and more resilient pension system benefits us all