East Coast Bakehouse biscuit company to break even in 2021

Covid and Brexit were ‘two road bumps’ in the past year, according to Michael Carey, one of the company’s founders, who said the year’s operational loss of €2.3 million was firmly within projections

Barry J Whyte

Chief Feature Writer @whytebarry
24th January, 2021
East Coast Bakehouse biscuit company to break even in 2021
Alison Cowser and her husband Michael Carey, co-founders of East Coast Bakehouse Picture: Jason Clarke Photography.

East Coast Bakehouse will break even next year, Michael Carey, one of its founders has said.

The most recently filed accounts for the Irish biscuit-making business show it recorded a loss of €4.9 million, which pushed the company’s accumulated losses to €17.1 million.

East Coast was founded by Carey and his wife and fellow entrepreneur Alison Cowzer, who is also an investor on the RTÉ version of the Dragons’ Den programme. The company...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Renatus takes majority stake in payments firm Kappture

SMEs Donal MacNamee 2 days ago

Healthy €300k bounce in Hairy Baby revenue during lockdown

SMEs Barry J Whyte 2 days ago

Making It Work: Hospitality venture prepares new hires for hotel industry post-lockdown

SMEs Elaine O'Regan 2 days ago

Making It Work: Bounce aims for a bigger prize with small rewards

SMEs Elaine O'Regan 2 days ago