Keogh’s Crisps plans multimillion investment in new production facility

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Keogh’s Crisps plans multimillion investment in new production facility
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Keogh’s Crisps plans multimillion investment in new production facility via IrishTimesBiz

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Exports now account for about a quarter of revenues at Keogh’s, Mr Keogh said, adding that the crisp maker’s market share in Ireland is 12 per cent. He was commenting on new accounts showing that the business recorded post-tax profits of €118,406 in the 12 months to the end of March last. This compared to €113,408 for the prior year.

He noted that since Covid-19 lockdowns, the business has enjoyed a “huge recovery” in its impulse or small crisp bag sales, which were up 50 per cent last year.The new accounts show that at the end of last March, the firm was sitting on accumulated profits of €1.46 million. Its cash funds increased from €849,772 to €1.06 million.

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