Delicatessen company to return to profit

HORGAN Delicatessen Supplies is set to return to profit this year as it enlarges its van sales network to increase its service to independent food outlets.

Operating out of state of the art €6m-plus premises at Knocknamuck, Mitchelstown, the family-run operation had sales of €26m in 2004 and managing director Michael Horgan expects sales to exceed this figure in the current year.

Retained profits at the company, with a staff of 95, fell to €1.68m in 2004 after pre-tax losses hit €238,781 (2003 €231,273), but Mr Horgan said the company is on course to go back into profit in the current year.