Foot and mouth still affects group

Cork: The effects of the 2001 foot-and-mouth crisis was still felt by Cork Marts last year.

According to the co-op’s annual report, it recovered some of the business and increased turnover by €17.4m to €69.1m, but like other marts, it did not get back all of the throughput.

Operating income increased by 31.6% to €2.8m and operating expenses, excluding depreciation, increased by 13.5% to €2.9m. This resulted in an operating loss before depreciation of €87,000, an improvement of €338,000 on the previous year.