Contract Catering

Fitzers Catering records increase in pre-tax profits

Hospitality Ireland – 19.12.2019

Pre-tax profits increased 50% to €624,338 at Fitzers Catering last year after being boosted by the provision of catering services to the papal mass in Dublin's Phoenix Park. Other key events handled by the company's outdoor division last year included the Ireland v All Black rugby international, a 4th of July party at the residence of the US ambassador and test cricket matches against Pakistan and India in the Dublin suburb of Malahide. New accounts for Fitzers Catering Ltd show that the company's overall revenues declined marginally from €13.37 million to €13.28 million last year, while staff costs came to €5.8 million and accumulated profits amounted to €3.1 million at the end of last year, as reported by The Irish Times.

Casual Dining Sector

Bakers + Baristas plans to open 16 new outlets across Ireland and the UK

Hospitality Ireland – 07.01.2020

Coffee shop chain Bakers + Baristas is planning to open 16 new outlets across Ireland and the UK by 2021. At present, the chain operates 64 outlets. According to newly-filed accounts, the chain's revenues rose 1.7% to €17.1 million in 2018. As reported by The Sunday Times, the directors' report that was attached to the accounts stated that Dublin-based private equity firm Causeway Capital and alternative lender Elm Corporate Credit, which fund Bakers + Baristas, have provided funds to help the chain's management team "to grow the business through investment in people, site enhancements and new site openings in Ireland and the UK."