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

Sean Pollock

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.