Febvre Turns a Profit of €570K in 2014

By Steve Wynne-Jones
Febvre Turns a Profit of €570K in 2014

Wine distributor Febvre posted a pre-tax profit of €578,198 in 2014, a marked improvement over the previous year when it lost €1.7 million.

The Sunday Business Post reports that the company's turnover remained static, earning €48.9 million, down from €49.4 million in 2013.

Febvre, which supplies to hotels, restaurants, pubs, supermarkets and off-licences, generated €22.6 million in turnover in Ireland, with a further €26.3 million from other countries.

It hired 123 employees during the year, down from 138 the previous year.