Fallon & Byrne sees pre-tax profits drop by 28%

LUXURY restaurant, food hall and wine cellar Fallon & Byrne saw pre-tax profits fall 28% when the economic downturn hit.

Pre-tax profits fell from €355,769 to €255,774 in 2008, according to accounts just filed.

Gross profits were up slightly from €5.6 million to €5.8m.