Accounts filed by the maker of Tullamore Dew Irish whiskey, William Grant & Sons Irish Manufacturing Ltd, have revealed that the company's pre-tax profit came to €320,000 last year while its revenues rose 17% to €43.2 million.
The company's €320,000 pre-tax profit followed a pre-tax loss of €698,000 in 2017.
However, a €2.52 million corporation tax bill resulted in the company experiencing a €2.2 million post-tax loss last year, as reported by The Irish Times.
The profit takes account of non-cash depreciation costs of €7.1 million.
Domestic Sales And Staff Statistics
Meanwhile, domestic sales of Tullamore Dew increased 43% to 13,800 cases last year; the number of people employed by the company increased from 64 to 70; and staff costs increased from €3.86 million to €3.95 million.
© 2019 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.
