Quinns of Baltinglass, the Wicklow-based agri merchant reported operating profits of €2.8m – down 10% for the period ending 30 June 2016. Turnover also fell at the group, down 2.5% to €107.8m. Operating margins were 2.6% and the business recorded a pre-tax profit of €2.5m. Its agri trading division accounted for the majority of turnover at €92m, while its feed manufacture and distribution business had a turnover of €12m. Its cereal and seed dressings business reported a turnover of €3m.

Quinns, which celebrated 80 years in business this year, employs over 180 people. Total staff costs amounted to €4.6m. Quinns is one of the largest buyers of grain in the country, purchasing almost 200,000t of grain annually. It produces over 50,000t of animal feed annually.

The company has six agri stores four counties; Baltinglass and Avoca (Co Wicklow), Naas and Athy (Co Kildare), Milford (Co Carlow) and Geashill (Co Offaly).

Quinn’s of Baltinglass invest €4m in new pellet mill

Quinns of Baltinglass see drop 2016 profits

The Wicklow-based agri merchant reported a 10% fall in profits in 2016.