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Sysco Foods Ireland sustains €78m Covid hit to revenue

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Sysco Foods Ireland sustains €78m Covid hit to revenue via IrishTimesBiz

Tue May 31 2022 - 20:07

The US owned business – which changed its name to Sysco Ireland on May 10th last year – supplies food to thousands of hotels, shops, restaurants and pubs here along with healthcare and educational facilities and the figures show revenue fell by €78 million or 24 per cent from €326.4 million to €248.39 million.

The directors state that gross margin remained at 23 per cent through a rigid cost-management process, strong relationships with company suppliers and a change in the product mix.

 

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