Musgrave Group announces profits of €67.5m for 2015

SuperValu owner sold its British business last year for €57m

28th April, 2016
Supervalu is part of the Musgraves Group portfolio Pic: Rollingnews.ie

Musgraves -- the food retail and wholesale group --- reported a profit of pre-tax profit of €67.5 million for the year ending 2015, up from a loss of €9.6 million in 2014.

The group had sales of €4.4 billion for the year to the end of 2015, it reported today. Its net cash was €23.4 million at year end.

Musgraves last year sold its loss-making British business to British food wholesaler Booker for around €57 million last year...

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