Irish arm of Procter & Gamble records pre-tax losses of €4.5m

REVENUES almost halved at the main Irish arm of pharmaceutical and personal care giant, Procter & Gamble last year as the company recorded a €4.5 million pre-tax loss.

Procter & Gamble (Manufacturing) Ireland Ltd & closed its Carlow plant last August (2010) with the loss of 167 jobs.

The closure of the plant was the chief factor in revenues at the company & declining by 41% from €91.7m to €53.3m in the 12 months to the end of June 2010.