Distillers increases profit to €119.2m
THE SCOTTISH distillers William Grant & Sons, which counts Tullamore Dew among its brands and runs a distillery in Clonmel, has recorded group operating profit of £103.6m (€119.2m) for 2009, up from £95.1m the previous year, on a turnover of £838.3m, up 40pc.
Pet-food firm steps out of public eye
C&D FOODS, the Longford-based producer of dog and cat food, is being re-registered as an unlimited company in a move that will shield its financial performance from public scrutiny. Founded by former Taoiseach Albert Reynolds, the company is now controlled by Philip Reynolds and Larry Goodman.
Cider and beer fall flat but spirits up
CIDER maker C&C received a blow yesterday after Irish excise statistics for July showed that in C&C's year-to-date (March to July), Irish cider clearances declined by 6.6pc. Clearances are seen as a proxy for consumption. Beer clearances over the same year-to-date period declined 2.3pc while wine and spirits grew.
Eircom failing to meet its targets
EIRCOM is failing to meet some targets in relation to the time within which it must have completed new phone line connections, line fault occurrences and fault repairs, according to data from telecoms watchdog Comreg.
Under-fire Foxconn increases salaries
ELECTRONICS company Foxconn Technologies, which makes parts for Apple products and is under fire for its working practices after a string of worker suicides, has increased salaries by two-thirds at its Shenzhen factory. The roughly 66pc pay rise would bring salaries to 2,000 yuan (€217) per month.
Googlers invade convention centre
GOOGLE will be one of the first global companies to hold a conference in The Convention Centre Dublin, when it holds its European sales conference there next Monday and Tuesday. More than 3,000 "Googlers" from across Europe will attend the two-day event.