Get the app today! Download iPhone App Download Android App

SUBSCRIBE

Company Behind Copper Face Jacks Paid €49.95m Dividend In 2019

Published on Jul 8 2020 10:50 AM in Pub/Bar/Nightclub tagged: Trending Posts / Copper Face Jacks / Jackson Court Hotel / Breanagh Catering Ltd / Breanagh Catering Holdings

Company Behind Copper Face Jacks Paid €49.95m Dividend In 2019

New accounts for Breanagh Catering Ltd, which is the company behind Dublin's Copper Face Jacks nightclub, have revealed that the firm paid a €49.95 million dividend to its parent company, Breanagh Catering Holdings, last year.

Pre-Tax Profits

The new accounts also indicate that pre-tax profits at Copper Face Jacks and the hotel that houses it, the Jackson Court Hotel, decreased by 6% to €3.83 million during the year that ended on January 31, 2019.

Further Statistics

Meanwhile, revenues declined by 9.5% to €13.2 million; the number of people employed by the business decreased from 196 to 183; staff costs including directors' pay decreased from €1.28 million to €554,764; operating profits amounted to €3.69 million; and post-tax profits came to €3.25 million, as reported by The Irish Independent.

© 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.

Advertising
Share on Facebook Share on Twitter Share on LinkedIn Share via Email