School meals provider Glanmore sees profits fall to €4.8m even as revenue jumps

School meals provider Glanmore has reported a drop in profits to €4.8 million despite experiencing a jump in revenue. The financial results highlight a challenging economic environment for the catering provider even as demand for its services grows.

At the same time, the company's expansion is supported by a national government initiative. The State-backed school meals scheme now provides coverage to 3,700 schools across the region, securing a substantial market base for the provider.