Profits Up on Falling Sales at PJ Carroll

PJ Carroll's pre-tax profits increased by 11 per cent to €10.7 million last year despite falling cigarette sales, according to an Irish Examiner story. The company, which is owned by British American Tobacco, reported that the value of its cigarette sales fell by two per cent to €224 million, and that its market share in Ireland, which stood at 16.1 per cent in 2007, was down to 15.4 per cent last year. Enditem