For the Financial Year ended 31 December 2018
Notes | 2018 | 2017 | |
€’000 | €’000 | ||
Turnover | 5 | 90,374 | 85,497 |
Cost of sales | (28,941) | (26,222) | |
Gross Profit | 61,433 | 59,275 | |
Administrative expenses | (14,663) | (14,670) | |
Other operating income | 6 | 618 | 1,907 |
Operating Profit | 8 | 47,388 | 46,512 |
Interest receivable and similar income | 7 | 973 | 254 |
Interest payable and similar charges | 7 | (506) | (422) |
Net Interest Income /(Expense) | 467 | (168) | |
Profit on Ordinary Activities Before Taxation | 47,855 | 46,344 | |
Tax on profit on ordinary activities | 10 | (6,334) | (5,769) |
Profit for the Financial Year | 41,521 | 40,575 |
Turnover and Operating Profit arose solely from continuing activities.
