Losses for vineyard part-owned by Ryan

Chateau Lascombes, the French vineyard part-owned by Ryanair founder Tony Ryan, has recorded a significant loss for the fourth successive year and seen its turnover fall by almost 35 per cent.

Ian Kehoe - avatar

Ian Kehoe

4th February, 2006

Chateau Lascombes, the French vineyard part-owned by Ryanair founder Tony Ryan, has recorded a significant loss for the fourth successive year and seen its turnover fall by almost 35 per cent.

The vineyard, which is in the Margaux region of France near Bordeaux, made a pre-tax loss of €3.3 million in the year to April 30, 2005, compared to losses of €2.8 million in 2003 and €3.4 million in 2004.

According to accounts filed in France, the chateau has seen...

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