BWG Foods UC posts 29% profit increase YOY
The company had 'record high sales year on year'
Print18 August 2025
BWG Foods UC has posted 29% pre-tax profits increase, its latest financial results for the 12 months to the end of September 2024 showed.
BWG Foods, owners and operators of the Spar, Eurospar, Mace, Londis and XL retail symbol brands in Ireland achieved the profits as ‘revenues increased by 5.6% from €1.62 billion to €1.71 billion,’ during the period.
According to RTÉ the directors noted that the company had ‘record high sales year on year’.
Acquisitions
The company’s directors stated that the growth in the company was driven by a combination of volume increases, inflation and acquisitions.
The directors state that during the year, the business purchased the trade and assets of Faherty Wholesalers for €500,000 and in October 2023 acquired two of its subsidiaries: William’s Gate Ltd for €4.5 million in the form of an inter-company loan and Tuffy Wholesale Ltd for €14.3 million – also in the form of an inter-company loan, RTÉ reported.
Read more: BWG Foods retail brands raise over €2m for Irish charities
© 2025, by ShelfLife reporter
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