Procter & Gamble Ireland Sees Profits Drop In FY 2015

Procter & Gamble (Manufacturing) Ireland reported pre-tax profits declined to €11.68 million despite revenue rising 3.6 percent to €96.77 million in 2015. For both of the company’s manufacturing plants in Newbridge, Co Kildare, and Nenagh, Co Tipperary, the financial year ending June 30, 2015, has been challenging. According to company directors, initiatives have been taken at both factories to improve productivity and remain cost-competitive.