Irish arm of McDonald’s pays €163m in dividends to parent company over five years
McDonald’s Restaurants Ireland operates just two eateries, compared with 12 in 2015, as it continues to transfer restaurants to franchise owners
The Irish arm of McDonald’s has paid out a total €163 million in dividends to its parent company over the last five years after it paid a €20 million dividend last year, new accounts show.
It comes as the company continues its strategy of transferring its restaurants to franchise owners, which has resulted in a drop in revenue in the same period.
McDonald’s Restaurants Ireland operates just two restaurants directly today, compared with...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month, €19.99 Monthly thereafter
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team
€700m Kerry dairy deal ‘fell through over funding concerns’
Kerry Co-op boss said its offer for Kerry Group’s dairy business was rejected for being too low
Quanta acquires 82-acre data centre site in Dublin
Land at Kilpedder on Dublin/Wicklow border has planning permission for 700,000 sq ft data centre on 40 of its acres
Trustap approaches EU and US investors in €8m funding round
The Cork-based secure online payment platform is set to go live on a British website which would drive 50,000 transactions a month
West Wood invests €300,000 to allow members exercise in outdoor areas
Fitness chain boss believes there may be restrictions on how many people can train inside once gyms are allowed to reopen