Pre-tax losses at Carphone Warehouse in Ireland rise by 38% to €4.6m

Poor trading conditions contributed to pre-tax losses increasing by 38% to €4.6m at the Irish arm of Carphone Warehouse last year.

Accounts just filed by the Irish subsidiary of Europe’s biggest independent mobile phone retailer show that pre-tax losses increased to €4.6m after revenues dipped by 3.5% from €107.2m to €103.4m in the 12 months to the end of April last year.

The firm’s accumulated losses of €21.4m and net liabilities of €21.1m at the end of Apr 2011 “reflects a decline in profitability and poor trading conditions during the period”, according to the firm.