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IHI Founders Banquet
The annual Irish Hospitality Institute Founders Banquet and Irish Hospitality Awards takes place on ...

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Return of the 'Gin and Tonic'
By Andrew O’ Gorman, Past President Bartenders Association of Ireland and former Head of Department,...

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Hospitality Expo- Biggest Ever
Hospitality Expo 2018 - RDS - 6-7 of February looks certain to be the largest most comprehensive sin...

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Tech show for new Food and Bev.
Returning to Citywest, Dublin, 6th – 7th February 2018, Food & Bev Live will welcome Irela...

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IHI Founders Banquet
Return of the 'Gin and Tonic'
Hospitality Expo- Biggest Ever
Tech show for new Food and Bev.

€13.2m turnover at Fallon and Byrne

 Fallon & Byrne recorded a rise in turnover to €13.2 million last year.
 The Irish Times reports that the company's revenues increased by close to 5% from €12.6 million for the year ending on June 30, 2015. It also experienced a 2% rise in like-for-like business, which surpassed the general growth rate while gross margins rose 1% to 55% of turnover.
 Following a recorded loss of €166,432 the previous year, Fallon & Byrne's pretax profits more than doubled, going from €119,368 to €270,215, with operating profits rising by €38,245 to €336,434. Earnings before interest, taxes, depreciation and amortization increased from €440,213 to a total of €559,144.
In a note attached to the accounts, company directors Paul Byrne, Fiona McHugh and Frank Murphy said that they "feel the group is now very well positioned to take advantage of further opportunities for growth."
 
 

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