Brodericks ‘comprehensive review’ of its product range
Directors Barry and Bernard Broderick

Brodericks ‘comprehensive review’ of its product range

TALLAGHT confectioners Brodericks have carried out a “comprehensive review” of the product range since they took over the business again.

The Broderick family say they have transformed the fortunes of Ina’s Kitchen Desserts after buying back control of the business following a failed attempt to force it into examinership.

The review of the product range resulted in the discontinuation of loss-making products worth €1.8m. Sales of the predominantly chocolate-based snacks bounced back by 12 per cent to €13.3 million according to accounts for 2022 – company’s first full year back in the family’s hands.

The documents were filed in recent days, with directors Barry and Bernard Broderick saying that earnings had continued to grow since.

However, the company, which is named after the Brodericks’ mother, Ina, who founded it at her kitchen table back in 1984, still reported a loss of €593,828 after tax.

“Following the return of the Broderick family to the helm of the company in October 2021, significant efforts were undertaken to revitalise the business,” the brothers said.

“Overheads were streamlined, relationships with key customers were rebuilt, and focus was directed towards core strengths – innovation and quality products.”

The business recorded an operating profit of €361,685 compared to a loss of €1.5 million the previous year.

That converted to a pretax loss of just over €300,000 – down from just under €2 million – after interest payments of €611,000.

The company, which employs just over 100 people at its plant in Tallaght, said its sales pipeline remained “robust, with significant opportunities in both the British and United States markets.”

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