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Pub/Bar/Nightclub

Hogan's And L'Gueuleton Owner Sees Firms Profits Rise

By Publications Checkout

The group that operators of Kelly's boutique hotel, Hogan's bar and L'Gueuleton restaurant on Georges Street, has seen pre-tax profits rise by 5% from €919,507 to €967,962.

The accounts filed for  for O'Regans Telfer Ltd for the twelve months to the end of May 2015 show that gross profits have increased from €5.24 to €5.3 million, according to the Irish Independent.

Telfer Ltd, operated by one of Ireland's best-known publicans Declan O'Regan, employs 92 people, 81 of which work in sales and the other 11 in management, and has staff costs of €2.294 million.

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The directors renumeration has decreased from €168,000 in 2014 to €104,000 for the past year. Telfer Ltd has also seen its profits take account of non-cash depreciation costs of €517, 819 and their shareholder funds totalling €18.12 million.

There's been a sharp cash increase from €546,567 to €1.15 million, as well as an operating profit of €1.2 million and a paid net interest of €251,143.

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Enjoy full access to Hospitality Ireland, our weekly email news digest, all website and app content, and every digital issue.
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