Profits fall for bloodstock agents

BLOODSTOCK agents Robert J Goff saw pre-tax profits fall by €1 million in the year to end March 2005.

The company’s annual report shows profits down to €1.5m from €2.55 a year ago. Turnover for the period fell slightly from €10.3m to €9.98m.

Chairman Oliver O’Reilly said Goffs increased its share of the total number of horses sold throughout European bloodstock auction houses.