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By Gordon Deegan
The pre-tax profit of Sodexo, the Irish branch of international catering, rose 38% to 3.73 million euros, as revenues jumped
. %, at € 94.7 million, over the 12 months to the end of August
The cost of sales of the company rose from 75.15 million euros last year to 83.9 million euros. euros, while administrative expenditure fell to 6.8 million euros, compared to 7 million
. Office records show that staffing levels increased from 1,710 to 1,866, with staff costs rising to 48.9 million euros.
The total salary of directors, which includes 52,000 euros, increases from 290,000 to 269,000 euros. dividends were paid last year. The company serves more than 90,000 people a day, spread over 200 sites in the country.
At the end of August, the company had equity of 5.4 million euros. Its cash pile went from € 9.84 million to € 11.49 million.
The company recorded a 38% increase in its operating profits, from 2.88 to 3.9 million euros.
Interest payable and other financial charges of 223,000 euros reduced the company's profits to 3.7 million euros. The company recorded a profit after tax of 3.2 million euros.
The Irish company is part of the giant catering listed on the stock market.
Sodexo shares in Paris fell by more than 30% last year, valuing the group at just over 12.4 billion euros.
Last month, the group announced a reshuffle of its operations in 80 countries.
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