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Profits Increase 95% At Just Eat Ireland

Published on Sep 25 2019 11:40 AM in Food tagged: Trending Posts / Just Eat

Profits Increase 95% At Just Eat Ireland

Profits before tax increased 95% to €9.2 million at the Irish unit of food delivery firm Just Eat last year, according to recently filed accounts.

Meanwhile, the company's revenues rose nearly 33% to €27.2 million, as reported by The Irish Times.

Additionally, Just Eat Ireland Ltd paid a dividend of €4 million to its UK parent last year and finished the year with €13.49 million in cash in hand and at the bank.

Group Profit

Just Eat's profit before tax across its business came to £101.7 million, or €115.3 million, meaning that its Irish unit was responsible for close to 8% of its group profit.

© 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.

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