Cost-cutting moves by pigsback.com ‘to result in continued operating profits’

COST reduction measures undertaken by the owners of pigsback.com will help the company achieve continued operating profits this year.

Last year Empathy Marketing made a pre-tax loss of €906 following a loss of €4.9m in the previous year.

However, included in the 2008 loss was a provision of €4.7m in respect of an intercompany receivable balance. The loss for the prior year excluding this provision was €157,005.