Horgans hit by losses and forced to reorganise

HORGANS Delicatessen Supplies, the Cork food speciality food maker, swung in to a loss last year after a reorganisation of the business.

Accounts just filed for the Mitchelstown company show that it lost €231,324 in the year to December 27 2003 compared to a profit of €439,189 the previous year.

The company said it had been under pressure from the major retail chains and from a loss of business. The company, which supplies cheeses to main supermarket groups like Tesco and Dunnes, said it has reorganised its business to counter the loss of profits.