
Operating profits for Louis Fitzgerald hospitality group Burtse Ltd rose by 22% in 2024, totalling €20.19m.
Revenue growth of 3.3pc was recorded, moving from €80.84m to €83.48m over the year ending June 2024.
The hospitality group expanded by purchasing the Imperial Hotel in Cork in June 2023. Staff numbers decreased by nine, with total staff costs dropping from €22.69m to €21.8m.
The balance sheet strengthened significantly, with shareholder funds increasing from €86.17m to €141.46m.