Waterford Crystal owner records pandemic loss of €516,000 in 2020

WWRD Ireland Limited, the owner of the world famous Waterford Crystal brand, reported a loss before tax of €516,000 in 2020, a swing on the profit of €10.2 million the prior year.

However, subsequent to the 2020 year-end, the company paid out a dividend of €12.5 million in November 2021, according to recently filed accounts.

The company’s performance was badly impacted by the Covid-19 pandemic, accounts show. Turnover at the company fell to €8.3 million ...