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

By Dave Simpson

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.

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© 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.

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