8% fall in profits to €2.75m at Eddie Irvine's logistics firm

Profits at the logistics group co-owned by former Formula One driver Eddie Irvine fell to £2.33m (€2.75m) last year.

Figures lodged by Jenkins Shipping Group Ltd show that revenues increased 4% to £22.57m in the 12 months to the end of April.

Profits fell 8% from 2015. Mr Irvine had a dividend payout of £430,000 because his Tidswell Ltd has a 30% stake in the group.