Dunnes makes loss of £8.1m in North despite cost-cutting | Business Post

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Dunnes makes loss of £8.1m in North despite cost-cutting | Business Post
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The results represent the second year in a row the company has made a loss in Northern Ireland, whytebarry reports.

Dunnes Stores in Belfast. In the company’s accounts for 2020, the directors noted that ‘Covid-19 is having a material impact on the operations of our business’. Picture: Brian Lawless/PA

Dunnes Stores made a loss of £8.1 million in its Northern Irish arm in 2020, as turnover fell from £113.6 million to £101.7 million, according to newly-published accounts. The company trimmed its costs in the same period from £84.7 million to £80.3 million, and its other operating expenses from £28.6 million to £24.8 million, but it still resulted in a trading loss of £5.8 million.

 

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