Meadows & Byrne operator Blarney Woollen Mills Group increases revenues to €50.2m

Revenues increased last year driven by the group’s key retail and hospitality markets being open for the full year following pandemic shutdowns. Picture: Denis Minihane

Revenues at Cork's Blarney Woollen Mills Group last year increased by 40% to €50.2m as the retail and hotel business recovered from the covid-19 business impact.

The group operates the Meadows & Byrne and Blarney Woollen Mills retail networks around the country and new accounts show that pre-tax profits declined by 60% to €4.35m in the 12 months to the end of January 31 last.