Wrights of Howth return to profit

Wrights Of Howth Return To Profit
Numbers employed by Wrights of Howth Group Holdings Ltd increased from 88 to 106 and staff costs increased from €1.58 million to €2.62 million.
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Gordon Deegan

The Wrights of Howth Group returned to profit last year after revenues surged by 52 per cent to €8.1 million.

New accounts filed by Wrights of Howth Group Holdings Ltd show that the group recorded pre-tax profits of €49,938 in the 12 months to the end of January 31st this year after recording pre-tax losses of €1.48 million in the prior year.


During the year, revenues increased by €2.79 million from €5.31 million to €8.1 million.

The group operates food courts and a convenience store at Dublin Airport along with the operation of a pub, restaurant and the wholesale of fish.

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The directors attribute the decrease in revenues on pre-Covid revenues to the Covid-19 restrictions imposed. They said that since year-end “the group has turned to a more normalised level of trading in a post Covid-19 environment”.

In accounts signed off on December 5th the directors state Daa contracts under which the group operates are up for renewal post end. Wright's is re-tendering for these contracts “and are confident that the contracts will be successfully renewed”.

Numbers employed increased from 88 to 106 and staff costs increased from €1.58 million to €2.62 million.

Last year, directors’ pay increased from €114,235 to €207,846. The amount owed by the business to director Bernadette Wright increased from €343,082 to €575,775.

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