Golden Discs expects strong fourth quarter

The company recorded the drop in profits as revenues remained flat at €13.2m

Golden Discs expanded in 2019, opening four new stores.

The directors of the Golden Disc group are anticipating a strong fourth quarter this year due to pent-up demand after the Covid-enforced closure of its bricks and mortar stores.

That is according to new accounts which show that pre-tax profits at Golden Disc Group Ltd declined by 39% from €200,963 to €122,429 in the 12 months to the end of December 2019.