Breaking News
UK profits double at Galway-headquartered toy store chain
Galway Bay fm newsroom – Galway-headquartered toy chain Smyths recorded a 47% increase in profits last year.
The Smyth’s toy store group operates 69 stores in total: 41 in Britain and 28 in Ireland, including a store at Galway Retail Park on the Headford Road.
According to today’s Irish Times, the 47 stores across Britain and Northern Ireland generated pre-tax profits of over three million euro in 2012.
Profits and revenues for Smyth’s Irish businesses are not publicly known, as the Galway-based unit has unlimited status, and is not required to file annual accounts to the Companies Office.