Logistics firm sees pre-tax profits rise 3% to €1.3m

Pre-tax profits at logistics firm Schenker (Ireland) Ltd increased by 3% in 2010 to €1.3m, new figures show.

According to the latest returns filed by Schenker (Ireland) Ltd, the firm has increased its pre-tax profits marginally after revenues increased from €48.4m to €56m in the 12 months to the end of Dec 2010.

The German-owned firm, which has offices in Dublin, Cork and Shannon, employs 140 people and, according to the directors’ report, “the directors consider that the business performed well considering the slowdown in the global economy and that it has a solid platform for future profitability and growth”.