Liffey Mills, Roscrea, Co Tipperary. \ Donal O' Leary
ADVERTISEMENT
The company behind Liffey Mills, the Tipperary-based feed and grain merchant, reported a 1.7% fall in operating profits to reach €2.3m for the year ended 30 June 2016. Laptop Ltd saw turnover fall 1.5% to €77.5m. Of this, €13.1m turnover related to its share in the Drummonds joint venture which was ended last year when Liffey decided to sell its stake in the business.
In 2015, Liffey Mills received €375,499 in operating profit from this JV. It did not receive any profit share during the 2016 financial year. Overall, the business, which is owned by Barry Liffey, Pat Ryan and John O'Grady recorded a 3% operating margin and a pre-tax profit of €2.3m. Liffey Mills which operates from six locations, employs 75 people across its branch network. Last year, it opened a new branch in Ennis, Co Clare.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
The company behind Liffey Mills, the Tipperary-based feed and grain merchant, reported a 1.7% fall in operating profits to reach €2.3m for the year ended 30 June 2016. Laptop Ltd saw turnover fall 1.5% to €77.5m. Of this, €13.1m turnover related to its share in the Drummonds joint venture which was ended last year when Liffey decided to sell its stake in the business.
In 2015, Liffey Mills received €375,499 in operating profit from this JV. It did not receive any profit share during the 2016 financial year. Overall, the business, which is owned by Barry Liffey, Pat Ryan and John O'Grady recorded a 3% operating margin and a pre-tax profit of €2.3m. Liffey Mills which operates from six locations, employs 75 people across its branch network. Last year, it opened a new branch in Ennis, Co Clare.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS