Integrated services group sees profits fall 28% despite revenue rise

Pre-tax profits at the Irish arm of integrated services group, Aramark, last year declined by 28.5% to €1.6m in spite of a jump in revenues.

Accounts just filed by Aramark Ireland Holdings Ltd and subsidiaries show that the group recorded the drop in profit as revenues increased by 7.6% from €207.7m to €223.5m in the 12 months to the end of September last.

The figures show that the group employs 3,882 and the vast majority of revenues were last year booked in Ireland.