Profit & Loss: inside the world of private Irish businesses

The Pettitts, Brett Desmond, Aldi, Renault and the CityWest hotel

Barry J Whyte

Chief Feature Writer @whytebarry
5th November, 2017

Torski, the company behind the Pettitt family’s investment vehicle, had turnover of €124.1 million in 2016, up from €120.4 million.

The revenue was generated through its supermarket operations (€90.5 million), its hotel business (€32.1 million), its farm trade (€1 million) and rent (€362,912).

Its pre-tax profits also rose from €3.1 million to €3.4 million, pushing accumulated profits from €56.7 million to €59.4 million.

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