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Retail Intelligence

Lir Chocolates Profits Exceeds €26m For The First Time

 

Lir Chocolates' profits have exceed €26m for the first time, according to new accounts filed by the chocolatiers.

It's overall sales increased by 14% from €23.53 million to €26.63 million, which the company attributes to to an increase in revenue in its UK market, reported Irishexaminer.ie

The accounts show that the UK is by far the firm’s biggest market, accounting for €22.3m or 84% of sales in 2015.

Reportedly, sales to the rest of Europe came to €2.74m, while Irish sales amounted to €1.49m.

Staff numbers employed at the firm’s Co Meath plant increased from 237 to 277 since the its inception in 1986.

According to the directors’ report, the firm increased sales by maintaining and expanding sales across a wide customer base.

The figures also outline that Lir was sitting on shareholder funds of €6.4m at the end of 2015, including cash of €2.09m.

© 2017 - Checkout Magazine by Donna Ahern

 

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