Profit & Loss

Profit & Loss: Mars Foods revenue boosted by gum sales

Revealing who is up and who is down as we go inside the world of private Irish businesses

Michael Dawson, founder and chief executive of One4all, which had turnover of €34.5 million in 2022, up from €28.5 million in 2021. Picture: Fergal Phillips.

Mars Foods’ Irish gum boost

A rise in the sales of chewing gum boosted revenue at Mars Foods Ireland Limited from €123.5 million in 2021 to €129.7 million in 2022.

It pushed the company’s pre-tax profits from €9.6 million to €15.9 million, allowing the company to pay out a dividend of €26 million, leaving its accumulated profits at €44.9 million.

According to the accounts, the company, which operates in food, chocolate, petcare, and gum, had ...