Waterford Crystal holding comp[any records pretax profit of €788,000
In a note with the accounts the directors caution that since February 2022, there have been significant challenges in global supply chains and accelerated broad based input cost inflation driven both by the war in Ukraine and Covid-19 related disruptions in China.
The note said that the financial support provided by the Covid-19 wage subsidy scheme was phased out commenced February 1st, 2022, and has now ceased. The accounts said that “going forward the company intends to continue to build the business based on introducing contemporary ranges, new product initiatives and expansion across luxury home and lifestyle categories”.
Numbers employed increased by one to 139 in 2021 as staff costs increased from €5.44 million to €6.2 million.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Flooding at Waterford train station forces cancellation of servicesPassengers travelling to Dublin on Thursday morning taken to Kilkenny by bus
Read more »
University Hospital Waterford closed to all visitors 'due to an outbreak'Pressures on UHW has intensified since a fire in Wexford General Hospital, after which some patients were transferred to Waterford.
Read more »
Cartamundi owners received almost €31m in dividends from Ireland before closing Waterford factoryCartamundi owners received almost €31m in dividends from Ireland before closing Waterford factory via IrishTimesBiz
Read more »
234 jobs affected as toymaker to close Waterford factoryCartamundi said a “post-Covid decline in demand for board games”, coupled with inflation and overcapacity, has brought about the closure.
Read more »
Cartamundi to shut Waterford plant with loss of 234 jobsBelgian-headquartered board game-maker Cartamundi has announced the closure of its Waterford manufacturing facility with the loss of some 234 jobs
Read more »