Board game manufacturer sales peaked during Covid but fell thereafter
The Cartamuni factory had operated for more than four decades, initially under the control of MB Games, later by Hasbro, making games such as Monopoly , Twister, Connect 4, Trivial Pursuit and Scrabble.The Irish arm of Cartamundi, the board game manufacturer, paid out more than €14 million in redundancy payments after it closed down its Irish operation last year, new financial accounts show.
The most recently published accounts for Cartamundi Ireland show that it paid out €409,000 in redundancy costs in 2022 and €13.5 million in 2023, as it reduced its staff numbers from 314 to 81, the accounts show.‘We have six cars, one for each of the kids and one for the dog, who has nerve issues’ At the time the company said that while its sales during Covid and through 2021 were strong, it had peaked in mid 2022 and fallen thereafter, which had been “aggravated by the increase in raw material and energy costs, which has impacted manufacturers globally”.
During that period its costs also rose, mostly related to the closure of the factory. In 2023 it made a loss for the year of €17.1 million, compared to a profit the previous year of €136,000.
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