Profit & Loss
Inside the world of Irish private business
The Irish arm of giant food company Heinz saw its turnover drop from €53.8 million in 2017 to €46.4 million, though its pre-tax profits stayed roughly the same at €8.9 million.
The company reduced its costs in the same period from €44.8 million to €37.3 million. All of its sales were generated in Europe, the accounts show.
It had 19 employees, up from 17 the year before, and its wage bill was €1.9 million. It paid...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Content is king – just ask Netflix as rivals attempt to steal its crown
A WarnerMedia-Discovery deal puts the spotlight on streaming wars as around 100 platforms vie for the attention of often fickle audiences
Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures