Oireachtas Joint and Select Committees

Thursday, 9 May 2013

Joint Oireachtas Committee on Agriculture, Food and the Marine

Groceries Sector: Discussion with Lidl Ireland

10:50 am

Mr. Kenneth McGrath:

As a privately held company, the financial performance of our business is not something that we have disclosed in Ireland to date. In respect of how we perform across Europe, Ireland is not exceptional in that context. As regards a ranking list, that is not something that I sit down and look at. I am very much focused on our business here and am very clear as to the input costs we have in Ireland. I had not made the point concerning rents, rates, labour costs and the costs of doing business specifically, but they certainly have a big bearing on the financial overheads that a business in Ireland carries. I cannot give the Senator a direct answer because it is not something that is an issue for us in running our business. We are very much focused on our local performance and that is not something we publish here locally.

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