Profits down 17% at Irish arm of Mars chocolate

Company says Covid did not disrupt operations but still trimmed workforce in 2020

18th November, 2021
Profits down 17% at Irish arm of Mars chocolate
Turnover at Mars’s Irish unit fell 9 per cent to €120.44 million during the year. Picture: Getty

Profits fell by more than 17 per cent last year at Mars’s Irish unit, according to the latest accounts filed by the company.

Mars Foods Ireland, which counts Twix, M&Ms, Mars bars and Wrigleys gum among its brands, posted a post-tax profit of €3.58 million in the 53-week period ended January 2, 2021. The year before, profits at the company totalled €4.32 million.

Turnover at Mars’s Irish unit fell 9 per cent to €120.44...

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