Harvey Norman Irish stores in profit after years of losses

Harvey Norman’s Irish stores posted an overall operating profit last year after the Australian household goods retailer had accumulated huge losses of €120m in Ireland over several years during the economic crisis.

New accounts covering the 12 months to the end of June 2016 show that Harvey Norman Trading Ireland Ltd posted an operating profit of €203,799.

The business includes stores in Dublin, Belfast, Cork, Limerick, and Waterford, as well as other major population centres across the country.