For the Financial Year ended 31 December 2017
Note | 2017 €’000 | 2016 €’000 | |
Turnover | 85,497 | 81,633 | |
Cost of sales | (26,222) | (25,907) | |
Gross Profit | 59,275 | 55,726 | |
Administrative expenses | (14,670) | (10,691) | |
Other operating income | 1,907 | 519 | |
Operating Profit | 46,512 | 45,554 | |
Interest receivable and similar income | 254 | 414 | |
Interest payable and similar charges | (422) | (886) | |
Net Interest Expense | (168) | (472) | |
Profit on Ordinary Activities Before Taxation | 46,344 | 45,082 | |
Tax on profit on ordinary activities | (5,769) | (6,042) | |
Profit for the Financial Year | 40,575 | 39,040 |
Turnover and Operating Profit arose solely from continuing activities.
