Companies

Profit & Loss: Jellybean maker enjoys sweet profits as Avolon’s cashflow hits new heights

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

Peter and Richard Cullen, founders of the Jellybean Factory, which made an operating profit of €2.69 million in the 12 months to the end of December 2022

Delight for bean counters at confectionery company

Cloetta Ireland, the maker of ‘gourmet jellybeans’ made an operating profit of €2.69 million in the 12 months to the end of December 2022, its latest accounts show.

The company, which owns the Jelly Bean Factory and is based in Blanchardstown in west Dublin, significantly increased its profitability in the year having made a profit of €1.5 million in 2021.

It’s net profit for 2022, after interest and ...