Profits surge 37% at Irish Costa Coffee and KFC operator

Pre-tax profits at the company which operates the Costa Coffee chain in Ireland and a string of KFC outlets here increased by 37% to €11.44m last year, accounts show.

The newly-filed accounts also show that revenues at MBCC Foods (Ireland) rose by 10% to €94.2m in the 12 months to the end of last January. A breakdown of the company’s revenues show that €70m was recorded in the Republic and €24.18m "in the UK".