New accounts show losses rose by 17%
Declan Conlon and Cathy Belton pictured in the Landmark Productions and Abbey Theatre production of Ghosts by Henrik Ibsen, a new version by Mark O’Rowe. Losses widened at the Abbey Theatre last year. Photograph: Patrick Redmond
However, the newly filed accounts for the theatre show that the increase in box office income wasn’t enough to prevent losses jumping 17 per cent to €1.39 million last year as costs rose sharply. They state that it was agreed that €1.4m of the surplus generated in 2020 and 2021, driven by pandemic impact by way of the closure of the Theatre for the majority of the year, was reinvested in the programme for 2023 providing opportunities for artists and the sector.
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