Big fall in off-licence profits for Molloy

Profits at Molloy Holdings, the company that controls the Molloy family off-licence and pub group, fell significantly last year after a drop in turnover.

Ian Kehoe - avatar

Ian Kehoe

16th December, 2006

Profits at Molloy Holdings, the company that controls the Molloy family off-licence and pub group, fell significantly last year after a drop in turnover.

The company, which is controlled by Dublin businessman Kevin Molloy, made a pre-tax profit of €177,000 for the year ending January 31, 2004, down from €729,000 for the year before. Turnover at the group decreased from €46.6 million to €44.2 million, according to accounts filed in recent days. The group controls...

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