Lir Chocolates to break €25m sales barrier this year
Published 09/12/2015 | 02:30
Luxury chocolate maker Lir Chocolates is set to record revenues of over €25m for the first time this year as the business continues to expand.
That is according to managing director Stephen Cope who yesterday commented on new accounts showing that pre-tax profits rose six-fold to €677,541 last year.
The accounts just lodged with the Companies Office show that gross profits increased by 61pc, from €4.336m to €6.986m.
The new accounts cover the 12 months of 2014 while the prior period covers an eight-month period.
In an interview yesterday, Mr Cope said: "Lir has gone through a considerable growth phase over the last number of years breaking the €25m turnover in 2015.
"This has led to considerable investments into the business which operates from a modern high care food facility."
Over 1,500 tons of premium chocolate are processed each year through Lir's plant in Co Meath where 250 are employed. Shareholder funds totalled €5m last year.