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Profits Rise At Irish Subsidiary Of Food Services Firm Sodexo

Published on Jul 5 2018 10:39 AM in Restaurant tagged: Trending Posts / Sodexo

Profits Rise At Irish Subsidiary Of Food Services Firm Sodexo

Pre-tax profits at the Irish subsidiary of foods services and facilities management firm Sodexo rose by 38%, going from €2.7 million to €3.74 million, during the 12 months to the end of August 2017.

The Irish Times reports that the rise in profits was accompanied by an 11.4% rise in revenues from €85 million to €94.7 million.

Meanwhile, the number of people employed by the company in Ireland increased from 1,710 to 1,866 during the period, with staff costs increasing from €44 million to €49 million.

Sodexo is led locally by Margot Slattery. Its Irish clients include Bord Bia, the Central Bank and Paypal.

© 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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