Saturday 18 November 2017

Celtic Linen profits fall

CELTIC Linen Group saw pre-tax profits plummet by 85pc last year to €15,000.

This followed revenues declining by 2pc from €23.1m to €22.6m. And net interest payments of €459,621 contributed to the group's pre-tax profit of just €15,000. However, the number of employees at the group increased from 355 to 371 last year.

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