Furniture retailer sees pre-tax loss of €3.8m as revenues fall

FURNITURE retailer chain, Curleys recorded a pre-tax loss of €3.8 million in 2009 after revenues decreased by 17% to €13.4m.

The retailer operates outlets in Galway, Kilkenny and Ennis after shutting down clearance stores in Sligo and Craughwell in summer 2010 due to the decline in the market.

Accounts recently filed with the Companies Office how that Curley Furniture and Carpets Ltd recorded the €3.8m loss to the end of March 2009 after recording a pre-tax profit of €179,861 in 2008. The company’s revenues declined during the year from €16.3m to €13.4m.