Restaurant Patrick Guilbaud blames higher overheads for a slump in post-tax profits 

Staff costs increased from €1.63m to €1.7m as numbers employed increased by two to 38

The annual return shows Mr Guilbaud no longer has a controlling stake in Becklock after transferring almost half of his share to his son, Charles, who is part of the management team.

Restaurant Patrick Guilbaud, one of the country’s most celebrated eateries, has blamed higher overheads for a 51% slump in post-tax profits to €167,554 last year.

In an interview, the eponymous owner Mr Guilbaud said: “2023 was a tough year because of the increase in overheads."