Brown Thomas profit rises to €18.8 million

BROWN THOMAS saw its profits rise last year despite no growth in turnover.

According to documents filed with the Companies Registration Office, Brown Thomas made pre-tax profits of €18.8 million in the year to end February 2003, up from €17.8m a year earlier.

Turnover at the company, which owns shops in Cork, Galway, Limerick and its flagship Dublin outlet, was flat at €222m with €38m of sales coming from concessions.