Porridge oat maker Flahavan’s profits dip by €800,000 despite €4.1m revenue surge
Food
The fall in profits came as operating expenses increased by 10pc to almost €8.5m
Flahavan’s, the Waterford-based porridge maker, recorded a fall in pre-tax profits worth over €800,000 as increased costs bite into the company’s earnings.
According to results published for Flahavan’s parent company, Finegrove Holdings, revenue surged by over €4.1m to almost €33.5m for the year ended June 30, 2023.
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