New accounts show Aldi Stores (Ireland) Ltd recorded the pre-tax loss as revenues increased by 1pc to €2.12bn.

Revenue growth compared to an increase of 3pc in 2023.

The pre-tax loss of €20.1m followed a pre-tax profit of €16.82m in 2023.

In their report, the directors point to the post tax loss of €21m and state that “the reduction in profit reflects the company's resolute focus on putting colleagues and customers before profits”.

“The company made substantial investments to keep prices low for customers, in addition to further investment in staffing and remuneration,” the said.

The directors state that “the company has played a particularly important role for customers in respect of the ongoing cost of living crisis through its provision of high quality, affordable groceries”.

They

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