Co Fermanagh glass manufacturer reports 52% decrease in pre-tax profits as costs go up
The glass manufacturer has contended with rising bills but still managed to make a major acquisition in 2023
The Northern Ireland site manufactures over four billion glass containers annually for renowned global brands
Glass bottle giant Encirc in Co Fermanagh has reported a pre-tax profit decrease of nearly 52% to £26.9m for 2022, its annual accounts show. .
The company’s cost of sales such as energy costs and material expenses surged by 39.2%, climbing from £286.1m to £398.2m.
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