Qualceram profits up 60% to €5.7m

BATHROOM fixtures maker Qualceram Shires said pre-tax profits were up 60% last year helped by the sale of property in Britain.

Arklow-based Qualceram said profits for 2004 were €5.7 million. This includes the €3.3m profit on the disposal of land at its manufacturing site in Henley. At operating level, profits were up from €3.3m to €4.9m.

While 2004 was a much better year for the group and the Irish market has been “stable” this year, it said the British market continues to be challenging.