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Milano Profits Drop

Published on Jan 11 2013 10:34 AM in Restaurant

Milano Profits Drop

The company which operates the Milano restaurant chain has reported a marginal decrease in pre-tax profits in its most recent financial year. Latest figures for Agenbite Ltd show a €42,000fall in profits from €2.85m to €2.81m. The company’s revenues decreased by 1.5 per cent from €17m, over the course of the 53 weeks to the beginning of last July. A subsidiary of Pizza Express, Milano opened its first outlet in Ireland on Dublin’s Dawson St in 1995. The company also operates restaurants in Cork, Killarney, Galway, Limerick, and Ennis.

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