Reynolds’ pet foods reap €2.85m profits

PROFITS at the pet food company set up by the former Taoiseach Albert Reynolds rose by close to 50% last year, according to its latest accounts.

C&D Foods, which is based in Edgeworthstown, Co Longford, and now owned by Mr Reynolds son Philip, made pre-tax profits of €2.85 million.

Sales in 2004 totalled €70.4 million, helped by the inclusion of sales from the Yorkshire-based Primetime Petfoods, which C&D bought in July 2003.