Profit and loss: weekly business round-up

Who's up and who's down, with Barry J Whyte

Barry J Whyte

Chief Feature Writer @whytebarry
17th February, 2017
Profit and loss: weekly business round-up
Highs and lows Pic: Getty

Cavendish Capital, the parent company of Irish hedge fund Abbey Capital, saw its profits drop by around €55 million last year.

The company had profits of €7.9 million at the end of June 2016, the accounts note, down from €62.6 million in 2015.

The company saw its revenues drop from €83.1 million to €29.4 million, and its operating profit fell from €60 million to €7.9 million, the accounts show.

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Content is king – just ask Netflix as rivals attempt to steal its crown

Tom Maguire: Tax changes we make now could help business for years

The Daily Briefing