Tegral in the red as revenues fall

BUILDING materials manufacturer, Tegral swung into the red last year after revenues decreased 28% to €29 million.

Documents recently lodged by Tegral Building Products Ltd to the Companies Office show it recorded a pre-tax loss of €229,282 last year after recording a pre-tax profit of €59,235 in 2009.

The numbers employed at the company — which is the main sponsor of the Kildare county football team — fell from 193 to 157 over the course of the year. Staff costs fell as a result, from €10.7m to €7.8m