'Snackbox millions': Supermacs group revenues top €300m for first time as pension payout cuts profits

Numbers employed last year decreased by 69 from 2,527 to 2,458, made up of 2,279 in operating staff and 179 in management and administration

A significant factor behind the decrease in profits was the group contributing €2m in pension costs for co-owners and directors of the business, Pat McDonagh (pictured) and Una McDonagh, who each hold a 50% share of the business. File photo

Revenues at Pat McDonagh’s expanding Supermac’s group last year topped €300m for the first time in another record-breaking year for the business.

New consolidated accounts filed by Supermac’s (Holdings) Ltd show that the group’s pre-tax profits declined by 9.5% to €39.44m. The group’s profits declined despite revenues increasing by 7% from €294.37m to a record €314.1m.