Greencore sells ready to go sandwiches and salads to busy workers, mainly in city centres. Covid has not been kind to it. It raised €101m from shareholders yesterday, which means it isn't stressed in the short term. But in the longer term, will city centres will be full of sandwich-eating office workers?
With just seven staff at Dublin Airport, 37 aircraft leasing subsidiaries are responsible for the liabilities of the troubled Scandinavian airline’s entire fleet. The four largest, along with the group’s Irish-registered airline, have just gone into examinership.
Through a Luxembourg SPV, Apollo acquired debts connected to Pat Doherty’s Harcourt Developments. However, much of those debts are due to be repaid, prompting its accountants to raise questions about the company’s finances.
Having built up a multi-million euro confectionery business from a family kitchen, the company is now carrying substantial debts. Its shareholders are divided on its future and whether an examiner should be appointed.
Irish Distillers, which is owned by French alcoholic beverages giant Pernod Ricard, and McCann FitzGerald, one of Ireland’s biggest law firms, are supporting Save Irish Pubs, a new campaign offering help to 7,400 pubs over disputed insurance cover.
Foxfield Inns owns the Ashling Hotel beside Heuston Station and the Imperial Hotel in Galway. One of the shareholders in the family-owned business has brought an oppression suit against her siblings.
Momentum Support employs more than 2,500 people and provides cleaning and security services. During the first lockdown, sales fell by 25% and staff anxiety increased. But through shrewd cash management, the company is now back on target.
Covid-19 restrictions have compounded the threat of Brexit for auction house Goffs. It has moved sales online, but with overseas visitors not travelling and Arab buyers increasingly scarce, its CEO Henry Beeby says the industry is facing an existential crisis.
The Cork retail giant is one of Ireland’s most successful family business. And that success has allowed it to pay out handsome dividends to its shareholder each year, according to new data.
Goodbody Stockbrokers was one of the many firms to avail of the wage subsidy scheme for a period. As it negotiates with AIB over a potential buyout, how has the broker been performing?
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