Food

Deliveroo Ireland Experienced 40% Increase In Turnover Last Year

By Dave Simpson
Deliveroo Ireland Experienced 40% Increase In Turnover Last Year

Accounts lodged with the Companies Registration Office have revealed the Irish arm of food delivery firm Deliveroo experienced a 40% increase in turnover last year.

As reported by The Irish Times, the increase in turnover accompanied a rise in sales from €9.3 million to €13.8 million.

Pre-Tax Loss

Meanwhile, Deliveroo Ireland experienced a pre-tax loss of €365,603 last year following an increase in the cost of sales to €10.9 million. This followed a pre-tax profit of €259,387 in 2018.

Staff-Related Costs And Net Assets

Additionally, Deliveroo Ireland recorded staff-related costs including wages and salaries of a little more €1 million for last year, and the company had net assets of €2.7 million at the end of last year. At the end of 2018, Deliveroo had net assets of €2.9 million.

© 2020 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.

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