Pre-tax profits at Barryroe Co-op up 40% as sales surpass €100m

Pre-tax profits at Barryroe Co-op increased by almost 40% with sales surpassing the €100m mark for the first time.

Figures released by the co-op this week show that pre-tax profits hit €4,547,686 in 2011, up 38.8% on the co-op’s pretax earnings of €3,275,006 last year. Retained profits at the co-op now stand at €40.688m.

Sales topped the €100m mark for the first time, increasing by 12.7% to hit €100.159m, up from €88.851m a year earlier.