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Procter & Gamble Ireland Posts Weaker Profit In 2016

April 14, 2017: 12:00 AM EST
Procter & Gamble (Manufacturing) Ireland Ltd. reported pretax profit dropped to €11.7 million in the 12-month period ending June 2016 from €12.4 million in the previous year. Turnover at the company, which had a workforce of 600 people at its Newbridge and Nenagh facilities in 2016, increased slightly from €96.7 million to €97.9 million during the period. In 2016, Procter & Gamble transferred ownership of its Nenagh factory to Coty.
"Profits dip at Irish arm of consumer products group Procter & Gamble", Irish Times, April 14, 2017, © Irish Times
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