Profits soar to €16.8m at Argos

ARGOS saw profits soar last year from €5.4 million to €16.8m, while DIY outlet Homebase recorded losses of €36m.

Profits soar to €16.8m at Argos

Turnover at Argos fell from €315m to €273m, according to accounts filed for Argos Distributors (Ireland) covering the year to the end of February 2009.

The company employed 1,373 people in the year, down from 1,424 in the previous year. Staff costs were €22.2m, down from €23.4m the previous year.

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