Profit & Loss: Inside the world of Irish business

Electrical retailerPower City had sales of €85 million for the year ending September 2017. This compared with €87 million the year before. Pre-tax profits remained static at €5.2 million, and the company closed the period with retained profits of €93 million.

The company employs 250 people and paid its shareholders a €3 million dividend in the year, the same as the previous period. The company is owned by members of the Wicklow-based McKenna ...