Impressive profits for Debenhams Ireland

British retailer Debenhams bucked the depressed retail market in Ireland last year, posting pre-tax profits of €9.4 million for its network of 11 Irish stores.

Ian Kehoe - avatar

Ian Kehoe

4th May, 2013
Debenhams in Jervis Street.

British retailer Debenhams bucked the depressed retail market in Ireland last year, posting pre-tax profits of €9.4 million for its network of 11 Irish stores.

This was a sharp turnaround on the previous year, when it lost €6.1 million, according to accounts just filed.

Revenues at the retail chain dipped slightly at €162 million for the year ending September 1, 2012. However, the dramatic swing in profits came after the company trimmed its costs by €20...

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