Assisted more than €4 million in state wage subsidies, the company behind the Milano pizza chain business Ireland recently reported that it had returned to a profit. Agenbite recorded a €2.6m million pre-tax profit in the year to January 2, compared with a €13.3 million loss in the previous 53-week period. Revenues, meanwhile, climbed from €9.7 million to €12.2 million. Meanwhile, over in Britain, its parent company, which trades as PizzaExpress, is back opening new outlets after overcoming a £400 million refinancing in 2020 through which bondholders took control of the business and closed almost 100 sites. However, the firm…
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