Food + Bev Awards for 'Green' Exhibitors
Green  products and services were high on the agenda at  Food & Bev Live. The inaugura...

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Awards for Foodservice Suppliers
Organised by the industry for the industry, Food & Bev Live returns to the Citywest Dublin on th...

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'Food Service Must Cut Waste' says Mahony
The Food service industry must play its part in reducing food waste,  Noel Mahony, chief execut...

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Hotels dump food worth €180m.
 The EPA released a research report last week – “Reducing Commercial Food Waste in Ireland”alon...

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Food + Bev Awards for 'Green' Exhibitors
Awards for Foodservice Suppliers
'Food Service Must Cut Waste' says Mahony ...
Hotels dump food worth €180m.

Losses rise as Red Cow complex expands

Expansion costs contributed to pre-tax losses increasing almost threefold to €2.3 million.at the Red Cow Hotel compolex in Dublin in 2018.
 New accounts lodged by Cobglen Dac show the business recorded the higher losses in spite of revenues increasing by 7.3 per cent from €17.5 million to €18.8 million. 
 The pretax loss takes into account combined non-cash amortisation and depreciation costs of €4.1 million and interest payments increasing by 69 per cent to €1.33 million. The additional interest payments reflected additional borrowings linked to investment, while the loss also took account of a once-off non-trading expense of €1.025 million.
 The company is planning the addition of another 114 rooms this year, along with enhanced conferencing and banqueting facilities.
 
 

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