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Tayto Owner Intersnack Posts 5% Revenue Increase To €99.3m

Tayto Snacks' German parent Intersnack has posted a 5% revenue increase from €94.6 million to €99.3 million.

In a report attached to its latest financial report, the company said, that its key Tayto brand accounted for more than 40% of Tayto Snacks' revenues, according to the Irish Independent.

Intersnack is a privately owned company and produces more than 600,000 tonnes of snacks including potato chips, nuts, baked products and specialty snacks, with an annual turnover of more than €2.7 billion.

Investment

Tayto snacks has reportedly been receiving support from Intersnack, since the German company acquired it in 2015.

On the 22 March this year, Tayto Snacks revealed that it is investing €16 million into making its factory in Ashbourne, Co. Meath, 'more efficient'.

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