Thursday February 27, 2020

Profit & Loss: Inside the world of private Irish businesses

Dunnes Stores' Northern business, East Coast Bakehouse, Cubic Telecom

Barry J Whyte

Chief Feature Writer

@whytebarry
7th January, 2018

Dunnes Stores’ Northern operation made a loss of £5.13 million in 2016, compared to a profit of £13.2 million the year before. That came on foot of a drop in turnover from £127.5 million to £99.8 million in that period.

Dividends of £250.84 million were paid to ‘other group undertakings,’ the accounts note, dropping the accumulated profits from £333.9 million to £75.7 million.

The company had 1,289 employees, down from 1,474...

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