Profits surge at McDonald’s Irish business

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Fast food giant saw revenues jump 39 per cent in 2021

The firm paid out a dividend of €25 million on November 30th last year, following a dividend payout of €20 million in 2021.

They state that the large increase in gross margin and operating profit “is reflective of costs not increasing to the same degree as turnover”. “Indoor dining re-opened in July 2021,” they add. “These operational changes allowed us to continue operating these channels under all but the most severe lockdown situations and with the success of the vaccine rollout across the UK and Ireland, we do not expect further closures of any sales channels.”The company’s pre-tax profits were lower than operating profits of €19.63 million due mainly to a non-cash impairment on tangible assets of €2.85 million.

 

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Were curly fries cutting into their profit margin?

Because of family poverty. Masses of families can nolonger afford to feed their children with proper food. Nice one McDs.

Absolute poison, once a year is enough to eat that garbage

Their 'food' is disgusting, Supermacs is far superior if you're forced to go to a fast food joint.

Not sure how, it's a nightmare trying to navigate the Touch screen self service menu's (and I'm computer literate), they clearly would prefer Drive Thru model only & like banks ,simply don't want customers inside their premises McDonaldsIRL

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