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Iceland Confirms Plans To Expand Number Of ROI Stores

Published on Aug 17 2017 3:16 PM in Retail tagged: Iceland ireland

Iceland Confirms Plans To Expand Number Of ROI Stores

Iceland has confirmed that it is planning to expand the number of its stores in the Republic.

The news comes amid claims that its losses have 'more than halved'.

Its revenues increased by almost a third to €30.1 million which was helped by new stores openings, reported Irishexaminer.ie

The accounts filed by Iceland Stores Ireland Ltd show the 'pre-tax loss dropped to €364,000 from €771,000 in the 12 months of trading to March 24'.

The directors said in the accounts that the business continued to trade successfully.

It made an after-tax loss of a reported €263,000 after posting a tax credit of €101,000.

The retail group currently has seven stores in seven in Dublin, as well as in Carlow, Clonmel, Co Tipperary, Douglas, Cork, Galway, Letterkenny, Co Donegal, Longford, Midleton, Co Cork, Tralee, Co Kerry, and Waterford.

© 2017 - Checkout Magazine by Donna Ahern

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