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Tea firm sales up 8pc

IRISH tea and coffee group Campbell Bewley brewed a pretax profit of €1.74m last year as revenues recovered by 8pc.

The results are a positive turnaround for the company which recorded a 13pc fall in 2009.

The company has purchased British coffee distributor Darlington's in a bid to expand its business and reduce its dependence on a "tough" Irish market. The firm said that it spent a year in "survival mode" and pre-tax profits increased by 4pc.

Bewley's operations in the US now account for 51pc of its turnover, having overtaken the Irish business for the first time.

But the group's Irish operation achieved "low single-digit" growth as its grocery market share grew.