Operating profit at Smyth Toys' Irish operations increased by 23%

This was driven by a large increase in service provision to other group companies 

The company generated turnover of €296.6m during 2024, a year-on-year increase of €9.5m.

The Irish operations of retailer Smyths Toys reported a 23% increase in operating profit during its 2024 financial year, driven by an increase in the provision of services to group companies, the latest financial statements show.

This comes after the company’s UK operations posted revenue of £953.5m (€1.09bn) during 2024, an increase of 2% year-on-year. Directors of the company said this increase was primarily due to an increase in footfall in the stores, and the addition of seven new stores during the year.