Waterstones’ Irish turnover doubled to €25.9m

BOOK seller Waterstones saw turnover at its Irish shops more than double in its past financial year.

According to accounts just filed at the Companies Registration Office (CRO), the retailers’ turnover for the 12 months to April 24, 2004 rose to €25.5 million from €12.4m the previous year.

However, profits only barely increased to €1.4m as the company’s cost of sales rose in line with the turnover growth and administration expenses also grew.