Pre-tax profits for Sysco Foods Ireland UC fell by 18pc to €23.76m despite a 5pc rise in revenues, reflective of cost management challenges.
Sysco Foods acquired Ready Chef Ltd for €7.59m to expand its operations in Dublin, especially in supplying food services.
Ready Chef Ltd’s revenues grew from €18.9m to €23.79m, although the company reported pre-tax losses primarily due to increased director pay.
Operating profits for Sysco Foods decreased by 17.5pc, influenced by net interest payments and costs associated with leases and foreign exchange.
The overall employment rose to 1,532 at Sysco Foods Ireland, indicating robust staffing levels amid the financial adjustments experienced.
