Goffs reports tough trading year as bloodstock group suffers €2.1m loss

THE country’s leading bloodstock auctioneers Goffs has reported tough trading conditions in the year to the end of March 2009.

Total sales excluding associates fell from more than €21 million in the year previously to €18m while the group suffered an operating loss of €2.13m compared with a profit of just under €1.9m in its last financial year.

Under the circumstances, Goffs is not paying a dividend to shareholders