Tuesday March 31, 2020

Profit & Loss

Inside the world of Irish private business

Barry J Whyte

Chief Feature Writer

@whytebarry
7th October, 2018

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...

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