Pre-tax profits at Glen Dimplex’s Northern division fall 15% to £62.8m

Pre-tax profits at Glen Electric — the Northern Ireland-based division of electrical appliance giant Glen Dimplex — fell by 15% last year to £62.8m (€76.8m), figures show.

Glen Electric is estimated to account for about half of Glen Dimplex’s overall business, and figures show the company’s revenues decreased by 1.5% from £856.4m to £843.1m in the 12 months to the end of March this year.

Glen Dimplex has unlimited status and is not required to file public accounts.