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General Industry

Profits Rise At Paddywagon

By Dave Simpson

New accounts filed by Paddywagon Ltd indicate that the independent tour company's pre-tax profits rose 6% to €1.2 million last year.

Paddywagon's pre-tax profit growth was accompanied by a 9% rise in revenues, which increased from €10.34 million to €11.26 million, according to The Irish Independent.

Further Figures

Additionally, the number of people employed by the company increased from 83 to 110 last year, with staff costs increasing from €2.47 million to €2.77 million, while operating profits totalled €1.365 million and the company paid interest charges of €139,876.

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Paddywagon's post tax-profits came to €1.04 million following a corporation tax payment of €184,448.

© 2018 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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