Tegral tiles Irish subsidiary posts loss for 2013

A doubling of revenues overseas by the Irish arm of building materials’ manufacturer Tegral was not enough to prevent further losses at the firm in 2013.

Accounts just filed by the Co Kildare firm show it recorded pre-tax losses of €2.25m, following the losses of €2.23m posted for 2012.

The losses came in spite of revenues increasing by 10% from €24.86m to €27.28m in the 12 months to the end of December 2013.