Kylemore reports €1.8m pre-tax loss

EXCEPTIONAL costs last year resulted in pre-tax losses increasing at restaurant and catering group, Kylemore, by more than five fold to €1.8 million.

Accounts just filed with the Companies Office, by Kylemore Foods Holdings Ltd, show that revenues at the group dropped by 8% — from €33.1m to €30.2m — in the 12 months to the end of March last year.

Before an exceptional item of €1.33m is taken into account, the group’s operating losses last year decreased by 21% from €566,433 to €443,463.