Profit & Loss

Profit & Loss: Glenisk milks profits, Galway’s Skeff capitalises on post-Covid demand

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

Glenisk bounces back from factory blaze

Glenisk, the yoghurt and dairy products maker, had a fall in turnover from €27.8 million to €21.2 million in 2022.

The company blamed the fall in turnover on “disruption caused by a fire at the group’s factory, which completed destroyed all fixed assets held there”.

However, thanks to an insurance pay out, the company managed a pre-tax profit of €5.7 million in 2021, up from €1.9 million in 2020.