Arrow Group in profit after 2013 horse meat scandal

One of the largest food processors in the country, the Arrow Group, last year bounced back from the impacts of the horse meat scandal to record a pre-tax profit of €19 million.

New figures show that Arrow Group Ltd’s return to profitability followed pre-tax losses of €11.27m in 2013. Revenues increased 6% to €446m from €432.4m.

The group employs over 1,590 people and is owned by brothers, Peter, John and Michael Queally.