Monday March 30, 2020

Restructuring amid losses for EP Mooney

EP Mooney, the major Dublin car dealership, carried out a ‘‘significant restructuring’’ last year, amid mounting losses caused by the economic downturn and falling consumer spending.

14th February, 2009

The family-owned Nissan dealership made a pre-tax loss of €1.1million in 2007, on top of a loss of €1.7 million in 2006.I t had turnover of €107.7 million in 2007 from its range of interests, which include car dealerships, investment properties and a fitness centre.

According to accounts, the 2008 restructuring should have a ‘‘positive effect on administration, compliance, and organisational efficiency’’.

As well as its car dealership on the Long Mile Road...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 3 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago