Companies
Accumulated losses top €150m at Aramark Ireland despite growth in revenue
US multinational reported a fifth straight loss-making year at its Irish operation
Accumulated losses have topped €150 million at the Irish arm of Aramark, the owner of Avoca and the catering provider to several direct provision centres, even as revenues at the company rose 34 per cent in 2022.
The US multinational, which provides services to universities, prisons and hospitals around the world, reduced its losses in the 2022 financial year, having reported an improved performance after the pandemic.
But it ended 2022 with a loss of ...
