Brown Thomas gets earnings boost as pre-tax profits grow by 4% to €19.5m

PROFITS at Brown Thomas, the country’s largest department store group, grew by 4% in the year to the beginning of February.

Accounts just filed for the company, which runs department stores in Dublin, Cork, Limerick and Galway, show pre-tax profits came in at €19.5 million, up on the €18.8m the previous year.

Profits were boosted from the €1.6m gain on the sale of a property near its flagship Dublin branch and from the sale of excess stock that was damaged when the outlet was flooded early in 2003.