Positive food for thought as Barry Group announce 4% increase in sales
Jim Barry, Managing Director of The Barry Group, Ireland’s leading wholesale and distribution company and H+A client, has announced the Group’s strong trading results with an increase in sales to €212.5 million in the financial year ending January 2009, up 4pc on 2008, while overall group profit before tax climbed to €2.67m.
Established in 1955, the principal activities of the Mallow-based Barry Group are the operation of a retail grocery franchise and the wholesale supply of grocery products. The company supplies product to over 700 stores including 230 affiliated stores in the Republic of Ireland operating under the Costcutter and Quikpick brands. The Barry Group employs over 200 people at its 125,000 sq. ft state-of-the-art central distribution centre in Mallow.
Commenting on the positive results Jim Barry said, “As benchmarks go, in the current trading climate we’re proving to be the exception rather than the rule. The continuing execution of our retail strategy which focuses on growth and customer experience, as well as our ability to offer grocery product at competitive prices has helped us grow and turn a significant profit in a seriously difficult trading climate. While it’s impossible to make the retail sector recession proof, we have proven that by focusing on offering quality products at exceptional value to consumers our retailers can make their business ‘recession resistant’.”
James A. Barry & Company Limited trades as “The Barry Group”.
For further information please contact Aideen McGrath – Barry Group Press Officer – T: 021-4666200 or M: 087-9273698
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