Oireachtas Joint and Select Committees
Thursday, 9 May 2013
Joint Oireachtas Committee on Agriculture, Food and the Marine
Groceries Sector: Discussion with Lidl Ireland
10:40 am
Mr. Kenneth McGrath:
In respect of financial performance, Lidl is a privately held company. It does not publish figures on turnover and profit. This is in line with many other participants in the Irish market. We have not considered publishing figures given the private nature of our business. With regard to the basket and the price differential across Europe, we are certainly cognisant of the statistics.
It is difficult to compare prices across borders because we have different cost bases and input costs across Europe. My colleague, Mr. McDonnell, will deal with the issue of milk pricing and our strategy regarding milk. As regards quota in Ireland and looking at the local situation, however, there are differences in respect of legislation and input costs.
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